FEDERATION
![Lot 9942](https://auktion.reinhardfischerauktionen.de/media/cache/lot_main/52/523374.jpg)
Auction 163 | Lot 9942
Opening bid
40
€
8 to 30 Pf. welfare 1953 with 10 Pf. upper margin copy watermark sideways expertized Schlegel BPP, 5 values complete mint never hinged, Michel 155.-
For lots of the clearance sale we accept underbids up to 30% starting price - if there is no higher bid!