Watch List notes:

GERMANY. Saxony. 20 Mark, 1913-E. Dresden Mint. Frederick Augustus III. NGC MS-62.

Fr-3848; KM-1265; J-268, Presenting a satiny bloom of luster and unhandled details, this charming near-Choice example is certain to entice. A somewhat shallow strike is noted on the obverse, but this is moderated by a stronger reverse strike.

Estimate: $600 - $800