A beautiful piece.
Delicate background blemishes.
Obverse: head to the right, in the field the mint mark D, in the rim the legend:
REICHSPRASIDENT-VON-HINDENBURG-1847-1927;
Reverse: in the wreath the coat of arms, in the rim the legend:
-DEUTSCHEN-REICHES-TREUSTER-DIENER-;
Silver .900, diameter 36 mm, weight g.