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Abuse of neutral flags

Location Germany (1871-1948)
Year 1915
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Shape Round
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Obverse description A sailing vessel named EDWARD GREY navigates the seas, crewed by a skeletal figure in the uniform of an English admiral standing triumphantly at the bow, holding neutral flags, while a cowering civilian figure clings to the mast below. Multiple national flags are depicted on the vessel and in the field to the left, and the date 1915 appears in the exergue.
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Reverse description A circular rope border frames a central multi-line German text legend in the field, with the motto HONI SOIT QUI MAL Y PENSE inscribed along the outer border. A laurel branch decorates the lower field, flanked by the engraver's initials K and G.
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Reverse lettering HONI • SOIT • QUI • MAL • Y • PENSE - MIT / NEUTRALEN / - FLAGGEN - / HOHEITSGEBIETEND / STELLT SICH ZUR WEHR / DER-EDLE BRITE-DER / WELTMEERBEHERRSCHER / NACH SEERAEUBER SITTE K / G
(Translation: The noble Englishman ruling the oceans defends himself with the aid of neutral flags as is the habit of pirates)
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