KIAUTSCHOU
![Lot 4344](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/66/662510.jpg)
Auction 178 | Lot 4344
Opening bid
70
€
20 Pfg. Imperial yacht unwatermarked, mint never hinged, Michel 130.- undervalued, hammer price 168. Auction = 120,-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!