OFFICIAL STAMP GERMAN REICH
![Lot 4423](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/50/503516.jpg)
Lot 4423
Opening bid
80
€
1920, 20 Pf. watermarked "rings", neat cancelled, photo expertize Fleiner BPP".: . . Except for smaller shortening some tips of the teeth very fine" (the Michel value counts for these condition), Michel 400.-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!