FEDERATION
![Lot 7721](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/49/495226.jpg)
Lot 7721
Opening bid
30
€
100 Pfg 40 years Federal Republic Germany, with defective or badly placed perforation, mint never hinged, very decorative - see photo!
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!