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GEBRÜDER LÖFFLER.

L480
L481
image by Klaus-Michael Schneider, 16 Apr 2009

Schneider’s FOTW version L481 follows Deutsche Reedereien und ihre Erkennungszeichen, but Rosanoski notes differences from L480: the anchor is angled farther, the letter is wider and outlined black instead of blue, and the circle should be outlined black. He suggests the skewed flag illustration led to the anchor-angle discrepancy.