Watch List notes:

Germany, Weimar Republic. Inflationary Æ Medal. 1923. Engraved by Friedrich Wilhelm Hoernlein. Kneeling mother with breastfeeding child; FH below / Date, IM APRIL KOST IN SACHSEN 1 LITER MILCH 490 MARK. 1 Pf. BUTTER 11000 MK; within ring of thorns. AFA 186. 10.57g, 28mm, 12h.

Near Mint State; staining to obv. and rev. Scarce.

From the collection of the late Eduard Winkler.