MARSHALL ISLANDS
![Lot 8656](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/72/727579.jpg)
Lot 8656
Opening bid
100
€
5 penny imperial yacht, lower margin of eight block from corner margin lower left with decorative defective or badly placed perforation through sheet cover as well full country inscription \"Marshall Islands\" in the lower margin, mint never hinged, two small brown dots, very decorative!
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!