Watch List notes:

German Colonial 5 Heller 1909J, KM11, Proof 64 BN NGC, appealing mahogany brown surfaces with considerable reflectivity and blue-green patina. Very attractive and rare in Proof with a mintage of 60. Krause catalog price(s) for this item: $50 in VF, $90 in EF, $550 in UNC, $675 in BU.

Estimate: 1250.00-1750.00 USD