Watch List notes:

SAXONY: Friedrich August I, 1694-1733, AR thaler, 1697, KM-686, Dav-7654, Schnee 989, Merseburger 1382, 60mm, klippe thaler, crowned monogram under cap with "1.THAL." below // Hercules in clouds being crowned with laurel wreath, award thaler for the rifle competition at the court carnival, unusual with no sign of mounting, lovely original tone, one-year type, EF to AU. Photo size reduced.

Estimate: 2,000-2,500 USD