Switzerland
Confederation Specimen 5 Francs 1925-B SP64 NGC, Bern mint, KM38, HMZ-21199e. The only Specimen of the date graded by NGC or PCGS and an absolutely gorgeous example thereof, with stunning copper and green intermingled tone that traverses the surfaces, most of it highlighting the raised motifs. Definite reflective gleam exists in the fields and minimal surface distractions confirm this piece as high-end for the assigned grade. An important opportunity for the specialist with our last recorded sale of another example in this format coming in a January 2009 UBS auction where that piece hammered at 2000 CHF.
HID02901242017
Estimate: 2000-3000 USD