INFLATION
![Lot 5108](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/64/645231.jpg)
Lot 5108
Opening bid
50
€
1921, 160 penny gray turquoise watermark waffle. Stamp neat circle cancelled. Expertized Infla Berlin and Peschl. Michel 220.-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!