German States
Hesse-Darmstadt. Ludwig I 5 Kreuzer 1808 MS65 PCGS, KM270. 'L' on Bust Truncation. Soft golden tone blankets both sides with flashy underlying luster. Accompanied by an old circular collection ticket. Listed in the Standard Catalog of World Coins with a value of $1,600 in UNC.
Ex. Ernst Otto Horn Collection
Estimate: 1800-2400 USD