Watch List notes:

GERMANY, Sachsen-Albertinische Linie. Christian II, Johann Georg, and August. 1591-1611. AR Taler (41mm, 28.87 g, 1h). Dresden mint. Dated 1593 (HB). Facing busts of three brothers / Helmeted ducal coat-of-arms. Keilitz & Kahn 186; Schnee 754; Davenport 9820. Toned, evidence of having been placed in a bezel. VF.

From the David J. Fleischmann Collection, Ex Pegasi V (4 June 2001), lot 611.