cover 18Kr. vermilion horizontal pair and singles (2) with clear to large margins and 12Kr. yellow-green (touched at foot) on 1865 flimsy entire to Madrid, lightly cancelled by open cogwheel "325" with two line "MÜNCHEN BAHN/27 JUN" d.s. alongside and showing arrival c.d.s. on reverse. A rare high rate franking. Signed Pfenninger. M.13a + 12. Photo