GERMAN SOUTHWEST AFRICA
![Lot 4156](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/66/662528.jpg)
Lot 4156
Opening bid
60
€
3 M. Imperial yacht unwatermarked, mint never hinged from left margin of sheet, Michel 150.-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!