FEDERATION
![Lot 11278](https://auktion.reinhardfischerauktionen.de/media/cache/resolve/lot_main/no-photo.jpg)
Lot 11278
Opening bid
50
€
1978 - 1998: unhinged mint inventory, only the good surtax series, often about always three times, as often as not with edge or corner margin, much athletics, right up to 1920-24 (2), 1948-52 (2), 1990-94 (2) etc., Michel 760,-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!