German States, Preußen (Prussia, Kingdom). Engraved Wilhelm II AR 5 Mark. AD 1908 A. WILHELM II KÖNIG V. PREUSSEN, head to right, re-engraved with boater hat and collar engraved over / DEUTSCHES REICH 1908, crowned imperial eagle, denomination below. Cf. AKS 129; KM 523. 27.32g, 38mm, 12h.
Good Very Fine.
From a private European collection.