FEDERATION
![Lot 4287](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/69/690090.jpg)
Auction 186 | Lot 4287
Opening bid
100
€
110 Pfg \"Bavaria Munich\", complete miniature sheet with incorrect cut - left only close margin of sheet, right over-broadly margin of sheet with white part and colour coding - this emerged through falsify insert in the cutter, in perfect condition mint never hinged!
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!