1948-1957, small, neatly organised stockbook from various Black and Red Overprints, including Nos. 1-20 complete mint never hinged (only the 1 M with improved gum despite Schlegel expertisation), Nos. 21-34 complete used (1 DM not counted because cancellation too small), and various subsequent better stamps such as Nos. 68-70 used on a perfect card. A few unused stamps placed centrally and valued accordingly, Michel EUR 8.000.- (previous opening price 400)