Caroline Islands, 1899, 25pf orange, 48 degree overprint. Truly scarce issue, bright color, tiny ink smudge on front barely noticeable, nicely centered, o.g., lightly hinged, Very Fine; signed Lantelme. Scott No. 5a. Michel No. 5 I  €1,800 ($2,466). $0 (Image)

Caroline Islands, 1899, 3pf light brown, 48 degree overprint. O.g., never hinged (light handstamp on gum), very fresh, exceptional centering, Extremely Fine; with 1984 P.F. certificate. Scott No. 1a $475 for hinged. Michel No. 1 I  €1,800 ($2,466). $0 (Image)

Caroline Islands, 1899, 3pf light brown, 48 degree overprint. Lovely example, nicely centered and fresh color, Very Fine; with 2000 Jäschke-Lantelme certificate. Scott No. 1a. Michel No. 1 I  €550 ($753). $0 (Image)

Caroline Islands, 1899, 3pf light brown, 48 degree overprint. O.g., lightly hinged, attractively centered, fresh and Very Fine. Michel No. 1 I. Scott No. 1a  $475. $0 (Image)

Caroline Islands, 1899, 50pf red brown, 48 degree overprint. O.g., never hinged, rich bright color, fresh and Very Fine, signed Freidemann; with 1883 P.F. certificate. Scott No. 6a $900 for hinged. Michel No. 6 I  €1,800 ($2,466). $0 (Image)

Caroline Islands, 1899, 50pf red brown, 48 degree overprint. Rich color, nicely centered, very scarce, o.g., lightly hinged, Very Fine; with 1999 Steuer certificate. Scott No. 6a. Michel No. 6 I  €1,000 ($1,370). $0 (Image)

Caroline Islands, 1899, 5pf green, 48 degree overprint. Fresh with excellent color, scarce, o.g., lightly hinged, F.-V.F.; signed Lantelme. Scott No. 2a. Michel No. 2 I  €600 ($822). $0 (Image)

Caroline Islands, 1901, 5m slate & carmine. Beautiful corner block, fresh deep color, very scarce multiple with full selvage, block of 4, o.g., never hinged, F.-V.F. Scott No. 19. Michel No. 19  €2,200 ($3,014). $0 (Image)