5 Mark - William II Pattern

Pattern coinage for the Prussian 5 Mark was produced in limited quantities for official review and was never released to circulation — KM# Pn10 represents one of several experimental strikings evaluated during Wilhelm II's reign as the German imperial coinage system underwent periodic design scrutiny. Patterns of this type were typically distributed among mint officials, members of the imperial court, or retained in proof cabinets, which explains why survivors appear almost exclusively in high preservation states.

The 1904 date places this piece between two significant design revision cycles for the 5 Mark series.