Watch List notes:

FRANCE: First French Republic, AR ecu, 1793-A, KM-615.1, Dav-1325, portait of Louis XVI left // standing Genius writing the Constitution, NGC graded AU50. Coins of the Revolution reflect the rapidity of change. Originally, as France experimented with a constitutional monarchy, Louis XVI's portrait remained on coins but the royal coat of arms on the reverse was replaced with the iconic Spirit of France. In 1792 the Republic was established and in 1793 Louis was executed. New currency without Louis' portrait was hastily brought into circulation in 1793, and coins featuring a woman representing liberty appeared in 1795.

Estimate: 125-175 USD