Watch List notes:

Germany, Bavaria, Ludwig I, Army Manoeuvres in Augsburg, September 1838, gold medal, by Neuss and Rabausch, bare head right, rev., large trophy of arms before army encampment with view of Augsburg behind, 40.8mm, 33.44g (Witt. 2675), surface scratches and scuffs in fields, otherwise extremely fine and with prooflike surfaces, very rare. Ex Numismatik Lanz, 26 November 1985, lot 459.
(4000-6000 GBP)