Watch List notes:

GERMAN NEW GUINEA: Wilhelm II, 1888-1918, AR 5 mark, 1894-A, KM-7, J-707, Deutsche Neuguinea-Compagnie issue, bird of paradise on a bough, mostly white surfaces with some light golden toning around the rims, PCGS graded MS63.

Estimate: 2,400-3,000 USD