German States
Hamburg. Free City gold Ducat 1497 MS62 NGC, Hamburg mint, Fr-1100. Levinson-I/362b, Frey-454. Obv. Madonna and Child over shield of Hamburg. Rev. Madonna and Child with thistle flower shield and date. Fully lustrous, with no apparent post-striking imperfections. The strike is crude, as normal for this early type.
Estimate: 1500-2000 USD