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This 2 Mark coin was issued in 1902 by the state of Baden, one of the member states of the German Empire. It was struck at the Karlsruhe mint, identified by the mintmark G, which was the official mint of the Grand Duchy of Baden.
The coin is dedicated to Frederick I of Baden (Friedrich I), Grand Duke of Baden from 1856 to 1907. A central figure in 19th-century German politics, he was one of the most influential princes of the German Empire and a notable supporter of German unification under Bismarck. His effigy traditionally appears on the obverse of this issue.
Composed of silver with a fineness of 900?, meaning 90% pure silver, this coin has a weight of 11.11 grams and a diameter of 28 millimetres, standardised characteristics for 2 Mark coins of the German Empire in accordance with the Coinage Act of 1871.
The mintage of this issue stands at 198,250 specimens, making it a coin with a relatively limited distribution compared to other issues of the imperial period. This modest mintage gives this coin particular appeal within specialised collections focusing on German states of the Wilhelmine era.
The series coins of the German states, struck alongside the common issues of the Empire, form a numismatic set documenting the monetary diversity of unified Germany while adhering to the federal metrological standards imposed by the Reichsmünzgesetz. This coin from Baden is a representative example.