Caroline Islands, 1899, Imperial Eagle, 25pf Orange, 48 Degree Overprint, Michel #5 I, n.h., Fine to Very Fine, signed Pfenniger. Scott #5a $3,400. Michel €4,000. Estimate $1,000-1,200.
Harmer-Schau Auction Galleries, Inc. 1333 North McDowell Blvd., Suite B • Petaluma, California 94954
Tel: 707-778-6454 • Fax: 707-763-6772 • Toll Free 800-378-6454
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