FEDERATION
![Lot 3329](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/69/691832.jpg)
Lot 3329
Opening bid
120
€
100 penny \"Sir Charles Spencer gen. Charlie Chaplin\", variety \"with defective or badly placed perforation\", mint never hinged miniature sheet to 10 values, very decorative - see photo!
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!