HAMBURG
![Lot 1281](https://auktion.reinhardfischerauktionen.de/media/cache/resolve/lot_main/55/552060.jpg)
Auction 153 | Lot 1281
Opening bid
40
€
1 / 2 Shilling black, full margins, unused with original gum, expertized Pfenninger, Michel 130.
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!