OFFICIAL STAMP GERMAN REICH
![Lot 4425](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/50/503515.jpg)
Auction 162 | Lot 4425
Opening bid
200
€
1920, 20 Pf. watermarked "rings" in the horizontal superb pair in a for this issue excellent perforation, photo expertize Dr. Oechsner BPP: ". . . Perfectly commercially used condition", Michel 800.-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!