INFLATION
![Lot 2104](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/50/505326.jpg)
Lot 2104
Opening bid
40
€
1922, trade show Munich, 20 Mark essay from F. H. Ehmke in red, in perfect condition unused without gumming - as manufactured, photo expertize Tworek BPP (2016) : "perfect"
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!