German States
Bavaria. Maximilian II 2 Gulden 1848 MS66 PCGS, Munich mint, KM828, Dav-600, AKS-150, Thun-90. The first year of issue for the type, boasting Maximilian II's sensitively rendered portrait framed in exceedingly fresh mint bloom and boisterous saffron silhouettes. A conditional and aesthetic outlier for this series that wouldn't be exceeded technically until the prolific 1855 "Madonna" 2 Gulden.
Ex. Heritage Auction #3032 (April 2014, Lot 31476) From the Cape Coral Collection of German Coins, Part I
https://coins.ha.com/itm/german-states/german-states-bavaria-maximilian-ii-2-gulden-1848-ms66-pcgs-/a/3101-31093.s?type=DA-DMC-CoinArchives-WorldCoins-3101-08252022
HID02906262019
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Estimate: 800-1000 USD