Kiauchau, 1901, 1m-5m Yachts (19-22), Michel 14-17), used, each tied by 1903 Tsingtau pmks. on separate small pieces, minor gum toning around some perf. tips, 2m has a single short perf., otherwise fine-very fine, Scott retail $880.00, Michel EURO 1,180.00 photo ex
Kiauchau German Colonies Germany
Kiauchau, 1901, 1m-5m Yachts (19-22), Michel 14-17), used, each tied by 1903 Tsingtau pmks. on separate small pieces, minor gum toning around some perf. tips, 2m has a single short perf., otherwise fine-very fine, Scott retail $880.00, Michel EURO 1,180.00 photo ex

細節
Kiauchau, 1901, 1m-5m Yachts (19-22), Michel 14-17), used, each tied by 1903 Tsingtau pmks. on separate small pieces, minor gum toning around some perf. tips, 2m has a single short perf., otherwise fine-very fine, Scott retail $880.00, Michel EURO 1,180.00 photo ex