Watch List notes:

German States, Brandenburg-Franken (Markgrafschaft). Friedrich II der Ältere (the Elder, 1495-1515) AV Goldgulden. Schwabach mint, dated 1499. FRIDRICH : D : G MARCҺ BRAN', Saint John the Baptist standing facing, head lowered to right, holding Gospels surmounted by Agnus Dei standing to left, head right; between feet, head of dog to right / + MONЄ NOVA AVR' SWOBACҺ' IΩ99, cross fleurée in saltire, with coat-of-arms in each angle. Levinson I-401; De Mey, Or 441; Friedberg 306. 3.27g, 22mm, 9h.

Near Mint State; in exemplary condition for the issue and among the finest known specimens. Rare.

From the Long Valley River Collection;
Ex Jack A. Frazer Collection;
Ex stock of Victor England (original dealer's ticket included).