Watch List notes:

German States, Hamburg Gold 5 Marks 1877J, (.900 gold, 17mm, 1.99g), obv. FREIE UND HANSESTADT HAMBURG ('Free and Hanseatic City of Hamburg) over coat of arms, rev. crowned imperial eagle, denomination below, (KM 605), hairlines, VF

Estimate: 150 - 250 GBP