Watch List notes:

German States, Köln (Cologne, Archdiocese). Friedrich III von Saarwerden AV Goldgulden. Deutz mint, 1387. FRIDICS ARЄPS COL, St. John the Baptist standing facing, raising hand in benediction and holding cross-tipped sceptre / MOИЄTA TVICIЄNS', shield-of-arms of Köln-Saarwerden within angled trefoil; arms of Münzenberg, Mainz, and Pfalz-Bayern in lobes. Noss 211b; Felke 481; Friedberg 792. 3.50g, 22mm, 11h.

Extremely Fine; areas of flat strike, lustrous metal. Very Rare.

From the collection of GK;
Ex Fritz Rudolf Künker GmbH & Co. KG, Auction 313, 9 October 2018, lot 3550;
Ex Münzzentrum, Auction 74, 11 November 1992, lot 3075.