Watch List notes:

GERMANY, Dortmund (Royal and Imperial mint city). Ludwig von Bayer. As King, 1314-1347. AR Pfennig (15mm, 1.30 g, 2h). Ludwig enthroned facing, holding scepter and globus cruciger / Facing bust of St. Reinoldus within triangle; saltires flanking. cf. Berghaus 90-92. Toned, tight flan. VF.

From the West Collection. Ex Pegasi XXII (20 April 2010), lot 821.