Watch List notes:

GERMANY: Wilhelm II, 1888-1918, 25 pfennig probe (4.35g), 1909-A, KM-Pn163, KB-917, probe 25 pfennig in copper-nickel, crowned eagle with wings spread with shield on breast depicting another eagle, A on both sides of tail feathers and DEUTSCHES REICH 1909 around / large "25 PFENNIG" inside wreath of grains, somewhat crudely engraved, antique finish, 23mm, Unc.

Estimate: 175-225 USD