FEDERATION
![Lot 3410](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/72/727622.jpg)
Lot 3410
Opening bid
45
€
50 penny posthorn, lower margin copy, mint never hinged, faultless condition, unsigned, Michel 225.-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!