Saxony. Georg Proof 5 Mark 1904-E PR64 PCGS, Muldenhutten mint, KM1258, J-130. Mintage of the 1903-E dated Proofs is reported as 50 pieces, but neither Krause or Jaeger mention the mintage for 1904. Facing up with a constellation of eye-catching reflectivity and cartwheeling shimmer of the fields providing a contrasting backdrop for the lavishly frosted designs. A very rare piece in this exalted state, and presently the sole graded example across the two services. Ex. Johann Max Böttcher Collection (Harald Möller Auction 40, May 2006, Lot 4702) HID09801242017 © 2023 Heritage Auctions | All Rights Reserved

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