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Auction: 6USA - The Sovereign Collection
Lot: 623

#B23 var., 1928 5pf + 5pf Hamburg semi-postal, vertical watermark, well centered, bright and fresh, o.g., never hinged, very fine; an incredibly rare watermark variety; signed several times including Ebel and Buhler (Michel #425X). Estimate US$ 2,000-2,400

Estimate
$2,000 to $2,400