German States
Saxony. Friedrich August III Proof 5 Mark 1908-E PR65+ PCGS, Muldenhutten mint, KM1266, J-136. Exquisitely lustrous, with near-perfect, argent fields, and a highly pleasing frosted cameo nature to the devices. An enchanting light golden tone near the peripheries adds even more charm to this gem.
Estimate: 1800-2200 USD