BAVARIA
![Lot 708](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/53/536026.jpg)
Lot 708
Opening bid
200
€
5 Mk. coat of arms, watermark vertical waves, "y"-Papier, left lower corner of the sheet with Platten-no. "37", certificate with photograph Dr. Helbig BPP: "very well perforated, mint never hinged and faultless", Michel 650,-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!