5 M. Imperial yacht, unwatermarked, centric cancellation KGS \"APIA 19.4.09\", faultless preservation, superb in every respect (choice copy), expertized Gebruder Senf and Bothe as well new photo expertize Steuer BPP (2021) : \"the key value the Ship edition 1900 / 01 unwatermarked possesses, the prescription accordingly, two cancellations with all authenticity characteristics. The qualitatively perfectly submission. \", Michel 600.-