FEDERATION
![Lot 9250](https://auktion.reinhardfischerauktionen.de/media/cache/resolve/lot_main/no-photo.jpg)
Lot 9250
Opening bid
60
€
1950 - 1959, clean round cancelled stamps stock the fifties from no. 122 with some early values, focal point from 1954, here almost everything in small numbers of pieces, Michel 1.330.-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!