Watch List notes:

GERMANY, Bavaria. Maximilian I, Prince-Elector, 1598-1623-1651. 5 Ducats (Gold, 37 mm, 16.90 g, 12 h), Munich, 1640. MAXIMIL : COM : PAL : RH : VT : BA : DVX : S : R : I : ARCHIDAP : ET . ELECT. (= Maximilian, Count Palatine on the Rhine, Duke of Upper and Lower Bavaria, Highsteward and Elector of the Holy Roman Empire) Maximilian, bareheaded but in full armour, standing facing, turned slightly to the right, holding staff in his right hand and orb, resting on an altar, with his left. Rev. 1640 NISI.DOM : DOM : CVSTODIERIT . CIVIT . FRVST : VIGIL : QVI . CVSTODIT . (Without God watching over the city, the watch of the Watchmen is in vain) View of the city of Munich with its fortifications; above, in clouds, Madonna and Child flanked by two angels. Fb 196. KM 268. Witt. 807. Clear and toned. Traces of mounting, otherwise, very fine.

From the Trausnitz Collection, acquired in the 1980s.