Watch List notes:

WORLD COINS, GERMANY, Saxony (Ernestine Line), Johann Freidrich I and Georg der Bartige (1534-1539), Silver Thaler, 1537, Freiberg, robed bust of Johann Friedrich I right, shouldering sword, rev robed bust of Georg left, wearing the Order of the Golden Fleece, 29.06g (Schnee 73; Dav 9721). Minor flan flaws, very fine.
from the David Sellwood Collection

Estimate: £100-120