Watch List notes:

HAMBURG: Freie und Reichsstädte, AR thaler (28.32g), [15]84, KM-MB68, Dav-9221, gate / double-headed eagle, variety with HAMBVRG spelled out, Fine to VF, S. Since the 16th Century, the city gate has been a dominant feature of Hamburg's coins and was depicted on virtually all coins minted, and is the easiest way to identify Hamburg coinage.

Estimate: 450- 500 USD