399, Lot: 704. Estimate $150. Sold for $120. This amount does not include the buyer’s fee.

GERMANY, Ulm (Königliche Münzstätte). Friedrich II. 1215-1250. AR Brakteat (22mm, 0.40 g). Crowned facing bust between branch and tower / Incuse of obverse. Bonhoff 1863; Kestner 2598. EF, toned.

Ex Künker 205 (12 March 2012), lot 2414.