2537 Montenegro: 1943 "Nationaler Verwaltung..." opts set 25c-5L & Airs 50c-5L. VF MUH, mostly fresh. Mi 10-18, SG 85-94 cat £443 for M, so £886+ for MUH, Sass 10-14 & A1-4 cat €1144. Key 5L with 2005 Ceremuga photo-cert. (9) (P) $400 $550
2538 Montenegro: 1944 Red Cross opts set 0.15+0.85RM/25c to 0.50+2RM/2L. VF fresh MLH. Mi 29-35, SG 104-10 cat £95, Sass 21-A11 cat €140. (7) (P) $70 $100
2539 Montenegro: 1944 Red Cross opts Airmails 0.25+2.75RM/1L to 0.50+2RM/2L, horiz prs with left stamp variety "g in Montenegro level instead of raised" which occurred once per sheet, se-tenant with normals. Mostly F-VF MUH. Mi 33I-35I, SG 108-10(var), Sass A9a-A11a cat €1065. Rare specialist items as only 100 of ea variety printed & few survive in se-tenant prs. Exp Ceremuga. (6) (P) $275 $400