Watch List notes:

Hamburg. Free City 5 Mark 1907J, KM610, PF64 Cameo NGC, a lovely Proof example with reflective fields and a nice cameo frost. Very scarce in Proof. Krause catalog price(s) for this item: $32 in VF, $75 in EF, $275 in UNC, $550 in BU.

Estimate: 1200.00-1500.00 USD