German States
Bavaria. Ludwig III cardboard Pattern 3 Mark MS63 NGC, cf. KM1010. 33mm. 2.32gm. The 1918-D 3 Mark issue ranks as one of the rarest Bavarian issues ever produced, with the Standard Catalog of World Coins showing only 130 examples minted, a consequence of material shortages that had become dire by the end of the Great War. This is the only example that we have been able to locate which was struck in cardboard, an odd material to produce coins from indeed, and likely an attempt at experimentation at coinage using alternative means. Regardless of the exact history, this material was never used on a wider scale, making the present offering one of intense academic curiosity. The example is quite detailed considering its composition, the surfaces a soft ivory hue, the edges revealing densely compacted layers with no edge fraying. Sold unholdered with NGC photo-certificate showing an assigned MS63 grade.
From the Engelen Collection of World Coinage
HID02901242017
Estimate: 1000-1500 USD