FEDERATION
![Lot 5806](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/65/654298.jpg)
Lot 5806
Opening bid
310
€
20 penny welfare edition \"butterflies\", variety \"paper unwatermarked\", neat cancelled, rare stamp, photo expertize Schlegel BPP: \"defects are not present. \", Michel 1.300.-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!