Watch List notes:

POLAND: Occupation, 5 mark, 1943, KM-Tn2, Litzmannstadt (Lodz) Ghetto issue, environmental damage although better quality than most of this type, PCGS graded AU details. From 1942 to 1943, tokens were struck in the name of the Jewish Elders of Litzmannstadt, the name the Germans chose for the city to honor the German General Karl Litzmann, of WWI fame. These tokens were the only legal currency in the Lodz Ghetto. Used to buy what food and medicine they could, some Jews traded their personal possessions for the tokens.

Estimate: 75-100 USD