FEDERATION
![Lot 4133](https://auktion.reinhardfischerauktionen.de/media/cache/resolve/lot_main/no-photo.jpg)
Lot 4133
Opening bid
50
€
1950-56, ** lot with various values, often with margins. Including no. 121 / 22, various posthorn and so on, Michel 950,-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!