FEDERATION
![Lot 6117](https://auktion.reinhardfischerauktionen.de/media/cache/resolve/lot_main/69/696845.jpg)
Auction 196 | Lot 6117
Opening bid
200
€
2 penny to 20 penny posthorn, eight values in vertical or horizontal strip of five, mint never hinged, faultless condition, Michel 725.-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!