German States
Bavaria. Maximilian I gold Ducat 1645 AU50 PCGS, Munich mint, KM278, Fr-197. One-year type. A popular and elusive issue that features an armed Elector standing with scepter in hand, while the reverse details the city of Munich with heavens above. Minimally marked, this example show light circulation over the highpoints and several minor waves in the flan. Listed in the Standard Catalog of World Coins with a value in XF of $4,950.
Estimate: 2500-3000 USD