Watch List notes:

COLOGNE: Friedrich III von Saarwerden, 1371-1414, AV goldgulden (3.51g), Riel, ND, Fr-789, bust of St. Peter under Gothic arch with arms below // arms of Saarwerden, a choice mint state example, NGC graded MS63. The NGC population report is not present for this type, but this is almost surely the finest known example, as we have seen no comparable pieces in public auction records.

Estimate: 1,200-1,600 USD