David Feldman Saudi Arabia June 5, 2019

54 Lot N° Symbol(s) / Photo Page Cat. N° Estimate ( € ) Saudi Arabia – June 5, 2019 30064 CC J 1925 1/2 Pi. orange, unissued value without opt. in COMPLETE sheet booklet of 20 sheets of 50, some perf. separation, a very rare booklet 800 - 1’200 Bidding Steps All bids in Euros 50-100 5 100-200 10 200-500 20 500-1000 50 1’000-2’000 100 2’000-5’000 200 5’000-10’000 500 10’000-20’000 1’000 20’000-50’000 2’000 50’000-100’000 5’000 100’000-200’000 10’000 Bids between these steps will be adjusted accordingly to the next higher bid step. The bidder is bound by his/her offer until a higher bid has been validly accepted.