German States
Saxony. Friedrich August III Proof 5 Mark 1914-E PR65 Deep Cameo PCGS, Muldenhutten mint, KM1266. A spectacular coin with extreme frost on the bust and deeply mirrored surfaces that create an exquisite cameo contrast. A true gem, and as visually capturing as one will find for German proof coinage.
Estimate: 2000-2500 USD