CAROLINE ISLANDS
![Lot 3282](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/66/668142.jpg)
Lot 3282
Opening bid
120
€
5 Mark imperial yacht watermarked, perforation 25: 17, centerpiece and frame type I, mint never hinged outstanding quality, margin on folded and rest of hinge, unsigned, photo expertize Dr. Provinsky BPP (2021) : \"genuine and faultless\", Michel 240.- - undervalued - the hammer price in our 164. Auction = 220.- Euro
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!