German States
Bavaria. Ludwig II 5 Mark 1874-D MS65 NGC, Munich mint, KM896. As the undisputed key date in the series, this alluring specimen displays all-over, stormy patination in varying shades of steel-gray and golden amber. Fully original and one of the finest examples we've seen of this three-year type, scarce in this gem designation.
Estimate: 1500-1800 USD