Watch List notes:

GERMANY. Nuremberg. Undated, but Circa 1700. 1/32 Ducat (Gold, 7 mm, 0.21 g, 12 h), on the new century. Crowned arms of Nuremberg; below, N. Rev. Pascal lamb, with banner inscribed PAX over his right shoulder; in exergue, cross (mint master's mark). Erlanger 611. Fb 1895. Kellner 83b. Toned and sharp. Extremely fine.

From the Trausnitz Collection, ex Meister & Sonntag 7, 6 April 2009, 957.

This is one of the smallest gold coins struck in modern times!