German States
Hesse-Darmstadt. Ernst Ludwig Proof 5 Mark 1904 PR65 PCGS, KM373. Colorfully toned in russet and magenta patina; a choice original example of this commemorative marking the 400th birthday of Phillip the Magnanimous. Proofs of this type are matte on the obverse with mirror surfaces on the reverse.
Estimate: 1500-1800 USD