1 Kreuzer black, plate 1, superb example with full to wide margins all round and portions of cutting lines at left and right, closed millwheel cancellation "350" - Tölz, signed Pfenninger and Peter Sem BPP photo certificate (2016): "faultless condition. Right extra margin partly shows Bavaria paper brittleness (characteristic of manufacture, not a defect).", Mi. 3.500.-