German States
Baden. Friedrich I 2 Gulden 1856 MS66 NGC, Karlsruhe mint, KM237, Dav-529, AKS-116, Thun-29, Wielandt-1066. Of the utmost scarcity in this grade, the selection seen here, when exposed to even indirect light, has the appearance of a museum piece, fully satin graphite surfaces darkening ever so slightly at the rims, likely suggesting many years stored in a coin cabinet. Flares of blue fill the recesses around the twin griffins, providing a strong visual pop against soft golden backlight. Remarkably, a single MS67 presently grades finer at PCGS, which brought a hammer price of 5,500 Euros in 2018.
Ex. Köhlmoos Collection (Münzen & Medaillen AG Basel Auction 91, March 2001, Lot 60) From the Cape Coral Collection of German Coins, Part I
https://coins.ha.com/itm/german-states/baden/german-states-baden-friedrich-i-2-gulden-1856-ms66-ngc-/a/3101-31035.s?type=DA-DMC-CoinArchives-WorldCoins-3101-08252022
HID02906262019
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Estimate: 2000-4000 USD