ITALY LIGHTHOUSES / SAILING SHIPS

G.MAZZINI 1V

ISSUE 1955

MICHEL 957

The World Yachting Championship

ISSUE 1965

MICHEL 1181-1183

The 100th Anniversary
of the Naval Academy of Livorno
ISSUE 1981

MICHEL 

Columbus first voyage

ISSUE 1990

MICHEL 

The 500th Anniversary of the Discovery of America

ISSUE 1991

MICHEL 

The 500th Anniversary of the Discovery of America
ISSUE 1992
MICHEL 

RAMOGE 1V

joint issue ITALY,FRANCE,MONACO

ISSUE 1996

MICHEL 2434

VATICANE
The 700th Anniversary
of the return or Marco Polo from China
ISSUE 1996

MICHEL 

IMPERIA 1V

ISSUE 2002

MICHEL...

GENOVA 1V

ISSUE 2004

MICHEL....

TOURISM 4V

ISSUE 2009

MICHEL...

SHIPS 4V

ISSUE 1977

MICHEL...

SHIPS 4V

ISSUE 1978

MICHEL...

SHIPS 4V

ISSUE 1979

MICHEL...

SHIPS 4V

ISSUE 1980

MICHEL...

AMERICA CUP S/S

ISSUE 2005

MICHEL...

ISTITUZIONE MARINA 
MILITARE 150 ANNIVERSARIO
ISSUE 2011