Bavaria Michel# 177IIy&177IIy, Scott# 237 20pf On 3pf Shades Of Olive Brown & Grey Brown, 1920 Surcharge On Embossed Arms Issue, 3 F & VF Used Singles Types 1 & 2

3 F & VF Used singles of the 20pf on 3pf shades of olive brown & grey brown from the 1920 Surcharge On Embossed Arms Issue types 1 & 2. Including:
-olive brown type I - 5.8-6.8mm between 20's
-olive brown type II - 3.5-5mm between 20's
-grey brown type II - 3.5-5mm between 20's

Our estimated value is $6. Michel values this at €9.60 The stamps offered here grades 70, 80 as follows:

Centering/Margins: 30/60, 40/60

Paper Freshness: 5/5

Colour: 5/5

Impression: 5/5

Absence of Visible Paper Flaws: 5/5

Perforations: 10/10

Cancellation: 10/10