FEDERATION
![Lot 6932](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/70/705290.jpg)
Auction 193 | Lot 6932
Opening bid
80
€
4 Pfg to 30 Pfg \"German transport exhibition, Munich\", complete set with four values, always as block of four from the upper margin, impeccable mint never hinged, Michel 340.-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!