INFLATION
![Lot 5](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/56/568972.jpg)
Lot 5
Opening bid
250
€
40 penny airmail 1919, variety "cloudy watermark-like paper", in perfect condition mint never hinged, signed and photo expertize Bechtold BPP: "genuine and immaculate", Michel 1. 100.
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!