BAVARIA
![Lot 1200](https://auktion.reinhardfischerauktionen.de/media/cache/resolve/lot_main/58/585277.jpg)
Auction 153 | Lot 1200
Opening bid
200
€
18 cruiser orange red, on all sides having full to wide margins cut, extremely fine copy with clear cancellation through open millwheel postmark "325" (Munich), signed Pfenninger, photo expertize Pfenninger and photo expertize Peter Sem BPP: "faultless, unrepaired. ", Michel 600.
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!