Watch List notes:

GERMANY, Kaiserreich. Preußen (Königreich). Wilhelm II. Kaiser, 1888-1919. AV 20 Mark (23mm, 7.98 g, 12h). Berlin mint. Dated 1900 A. Bare head right / Crowned eagle facing with head left, wings spread; collared coat-of-arms on breast. Jaeger 252; KM 521; Friedberg 3831. Bag marks. EF.

From the Jack A. Frazer Collection. Ex Coin Galleries (13 February 1991), lot 599.