Watch List notes:

AUSTRIA: Franz Joseph I, 1848-1916, AR gedenkthaler, 1877, KM-M9, Y-A20. Dav-30, Opening of the High Alpine Cottage in the Rax Range by Archduke Karl Ludwig, mintage of only 100 pieces! PCGS graded Specimen 64 DCAM, RR, ex Joe Sedillot Collection. The Karl-Ludwig-Haus is around 1.1 km east of the Heukuppe (2007m), the highest elevation of the Rax, or around 1.9 km northwest of the Preiner Gscheid. Archduke Karl Ludwig of Austria personally laid the foundation stone on September 10, 1876 and at the end of October of that year gave the Austrian Tourist Club (ÖTK) permission to name the shelter the Karl-Ludwig-Haus. It is still in use today.

Estimate: 8,000-10,000 USD