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Auction 201

4-5 September 2025

Lot 2197
Lot 2197
Opening bid
200
19
o
5 Mark imperial yacht on paper without watermark, cancelled "APIA 11 / 4 06", very fine, expertized Richter, Bothe BPP, Michel 600.-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!