Centenary of the foundation Naval Academy of Livorno

80 £. - Academy of Livorno and the frieze of the Navy - Color polychrome - Perforation stamp 14 × 13 ¼ p - Intaglio printing - Printed from IPS Workshop cards values ​​- Sheets 50 - Size 40 × 30 (mm) - Drawing F. Gay - Circulation 7.000.000.