German New Guinea
German Colony. Wilhelm II 5 Mark 1894-A MS63 NGC, Berlin mint, KM7. A lustrous example of this ever-popular issue and well-struck overall. A portion of the obverse about the size of a postage stamp and commensurate with the reverse fields within the wreath has toned little, perhaps from something in the tray in which it was stored. The remaining surfaces are olive with hints of russet.
Estimate: 3000-4000 USD