103172 | BULGARIA & GERMANY. Ferdinand I silver Medal.

103172  |  BULGARIA & GERMANY. Ferdinand I silver Medal. Issued 1915. The alliance of Bulgaria with Germany and Austria-Hungary (33mm, 18.33 g, 12h). By August Hummel at the Ludwig Christian Lauer mint in Nürnberg.

 

FERDINAND I. KÖNIG VON BULGARIEN, bust left // UNSERE SACHE IST GERECHT v. HEILIG.=VORWÄRTS!, right hand facing upward, with two fingers making sign of benediction; sword hilt and 1915 to left, crowned coat-of-arms to right, thunderbolt below. Edge: SILBER 990.

 

Zetzmann 3029. PCGS SP-64. Exceedingly vibrant and prooflike, with deep toning offering great color across both sides. Compare to a similarly colored example, a PCGS SP-65, that realized a total of $900 in the Stack's Bowers Global Showcase Auction (5 September 2025), lot 46082.

 

The Quadruple Alliance of WWI emanated from the alliance of Germany and Austria-Hungary in 1879. The Ottoman Empire (in November 1914) and the Kingdom of Bulgaria (in October 1915) joined after the outbreak of the war, though the former had maintained a close relationship with both Germany and Austria-Hungary for a number of years. Economics were the main facet for an Ottoman entry, as Germany played an important role in the empire's financial growth and success, while reclamation was the major goal of Bulgaria, as she wished to win back territory ceded to Serbia during their losses in the Balkan Wars of 1912-1913.

 

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Upload: 15 September 2025.