cover 18Kr. orange-red with good margins on two sides (very close or just touched at left and top) in combination with 1867 Arms 1Kr. green and 3Kr. rose (cut-into at right) neatly placed on 1868 (11 May) envelope (two minor tears and small portion of reverse missing) from Munich to New York, cancelled by two light strikes of the open cogwheel "325" with boxed origin d.s., "Franco" (in red) and "NEW YORK PAID ALL" c.d.s. (also in red) adjacent. A very rare and decorative mixed issue franking. Signed Pfenninger. M.13b + 14 + 15. Sem D.M. 8,000. Photo