Watch List notes:

German States, Bayern (Bavaria, Kingdom). Ludwig I AV Ducat. 1845. Dies by C. Voigt. LUDWIG I KŒNIG VON BAYERN, bare head to right; VOIGHT in small letters below truncation / GERECHT UND BEHARLICH, crowned coat-of-arms supported by two crowned lions; date below. KM 808; AKS 71; Jaeger 125; Friedberg 271. 3.51g, 21mm, 12h.

Mint State; highly lustrous fields. Very Rare.

From the collection of GK;
Ex Numismatica Ranieri, Auction 9, 22 May 2016, lot 1224.