Watch List notes:

HAMBURG: Freie und Reichsstädte, AR thaler (28.70g), 1623, KM-123, Dav-5365 var., gate / double-headed eagle, MONET:NOVA:CIVITA:HAMBURGENSIS.1624 / FERDINANDUS.II.D:G:ROMA:IMP:S:AU:, mintmaster's mark of outstretched arm holding ingot hook, tiny obverse flan flaw, slight central weakness, VF.

Estimate: 340- 400 USD