Watch List notes:

HAMBURG: Freie und Hansestadt, AR 32 schilling, 1808, KM-530, initials H.S.K., city arms in frame with helmet above / text, very lightly cleaned, starting to retone, still very attractive, EF to About Unc, ex H.G. Oldenburg Auction 10/23/92 Lot 603.

Estimate: 180- 220 USD