Full swirling lustre is almost perfect on both sides, with just a hint of contact on the field to the right of the portraits, much less than usual.  The reverse is perfect, showing off the "Jugendstil" Eagle at its best.  Here's a simply beautiful coin a full 2 grades higher than the KM...
€580.00
This is one of the coins I argued about with PCGS when I was in Paris.  Why the double standard?  If this were a US or Canadian coin, no problem that this would have been given a "PL" grade.  But no, this is a European coin.  And PCGS's reluctance to grade such coins correctly distorts...
€2 150.00