BAVARIA PRIVATE STATIONARY
![Lot 169](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/72/723388.jpg)
Auction 196 | Lot 169
Opening bid
50
€
1911, 5 penny Luitpold. Kulmbach, 400 annual jubilee the protect guild. Used. Rare.
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!