Cherrystone Auctions The Dr. I.G. Kulczycky Collection of Western Ukraine

1919 20sh on 20h black, red & yellow, double overprint, position 15, with overprint ink smudged on gum and some on front as usual, l.h., signed Kohler and Landre, with 2018 Ceremuga certificate. Only 25 of 20sh were printed (including double and triple overprints), of which according to Bulat (1973 handbook), two thirds were destroyed (Mi. 39DD, Euro 9,000)
Cat. Val. $ 7,750
Estimate: $5000