German States
Hesse-Darmstadt. Ernst Ludwig gold Proof 20 Mark 1901-A PR65 Cameo NGC, Berlin mint, KM371, Jaeger-225. A superb example of this popular type, brightly toned in yellow-gold shades on both sides, with sharp design elements that show admirable contrast against the flat fields. Sparse post-minting handling has resulted in the Gem designation, with a small strike-through of foreign matter that got caught in the dies seen in the field behind Ernst Ludwig's head. A rarity when found this nice, and currently the single finest graded example of the date at both NGC and PCGS.Ex. Kaiser Collection
Estimate: 4000-4600 USD