Transcaucasian Federation, 1923, 10k on 7k light blue, vertical pair. In combination with 1923, 25k + 35k vertical pairs + 1f brown & red orange, two singles and Azerbaijan 1922, 5,000r black on olive green, block of four on registered cover to Leipzig, Germany, all tied by "Baku 24.6.23" cds's, additional strike and registry etiquette on front, Very Fine, a rare combination multi-franking usage.
Scott No. 2-4+8; Estimate $500 - 750. Est. $500-750 (Image)

Est. $500-750

Transcaucasian Federation, 1923, 25k green & gray violet, vertical pair. In combination with 1923, 1r brown & orange on reverse of cover to Berlin, Germany, tied by "Baku, 13.8.23" cds's; cover fold not affecting stamps, F.-V.F.
Scott No. 3+6; Estimate $300 - 400. Est. $300-400 (Image)

Est. $300-400