Watch List notes:

(x) Germany, Principality of Waldeck-Pyrmont, Friedrich I (1893-1918), Proof 20-Mark, 1903 A, Berlin, by Emil Weigand, FRIEDRICH FURST ZU WALDECK UND PYRMONT, bare head left, mintmark below, rev. DEUTSCHES REICH 1903 | 20 MARK, crowned imperial eagle, GOTT MIT UNS incuse lettering on edge, 7.97g, 12h (KM 195; Fb. 3869; Schlum. 475; D&S 376; Jaeger 288), some haziness to otherwise brilliant fields, much as struck, extremely rare, only 150 Proofs issued

Provenance
The George Webber Collection of World Gold Coins
Adolph Hess (Lucerne), Sale 243, 3-4 April 1974, lot 627 - FDC - £1,395