Watch List notes:

GERMANY: HESSE-DARMSTADT. Ludwig II, 1830-48. Gulden 1837, Darmstadt. 10.61 g. KM-308, J-38, AKS-104. Rare in this high quality. Fantastic brilliance in surfaces and magnificent toning. Grosser Deutscher Muenzkatalog lists an uncirculated example at EUR 1000. Choice UNC.