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Auction 201

4-5 September 2025

Lot 1987
Lot 1987
Opening bid
800
25IA
o
5 Mark imperial yacht, springing from one divided larger unit, used on a carrier invoice, pure commercial usage, whose two slightly shorter tip at the lower margin to tolerate are, in this kind extremely rare, twice signed Pauligk, Michel 4.800.- plus plus
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!