Watch List notes:

German States, Bayern (Bavaria, Kingdom). Ludwig II AR 3 Kreuzer. 1865. K.BAYERISCHE SCHEIDEMÜNZE, crowned coat of arms / Denomination and date within oak wreath. KM 875; AKS 182; Jaeger 97. 1.28g, 17mm, 12h.

Extremely Fine.

From the N. M. McQ. Holmes Collection;
Ex Münzenhandlung Harald Möller, Auction 35/36, 11 October 2004, lot 135.

Although nominally a silver denomination, the actual silver content is very low at 0.350.