Watch List notes:

German States, Sachsen (Saxony, Kingdom). Friedrich August AR 5 Mark. 1904 E. FRIEDRICH AUGUST KOENIG V. SACHSEN, bare head to right, mintmark below / DEUTSCHES REICH, crowned Imperial eagle with coat-of-arms on breast surrounded by collar of order, ∗FÜNF MARK∗ below, date to right; around rim: ✠ GOTT ✠ MIT ✠ UNS. AKS 184; Jaeger 136; KM 1266. 27.86g, 38mm, 12h.

Mint State.

From the Vitangelo Collection.