Spookie
In my opinion, No.
Here is NGC's valuation : German States PRUSSIA 2 Thaler KM# 425
The obverse seems to have some damage, so I would grade it as an VF. The NGC value for the 1840 VF is $125.
OK, but I heard that those NGC online prices are older. Now the prices are bigger. However, I admit, that this one has been cleaned and the obverse in quite scratched. Is the price 197 USD really so big? Don´t take me so seriously, I am only an amateur!