This is a lovely example of this coin minted 110 years ago. It was struck to commemorate the 400th birthday of Philips des Großmütigen (Philip the Magnanimous).
Coins from this era and particularly this denomination had quite a low mintage. This one here was 40,000 where as the 2 Mark coin was 100,000.
The strike is good and clean. The rim is in near perfect condition aside a small section of light flattening on the obverse. The reverse of the coin is in fantastic condition and the spread winged eagle is in truly wonderful condition with even the smallest details of the feathers still clearly visible. It has a light patina from age but all in all the coin is in a well above average grade.
It has 24.99 grams of pure silver and is a large coin with a diameter of 38 mm.
A great example from this era of the Kaiserreich in Hessen Germany.