India
Portuguese Goa. Maria I gold 12 Xerafims 1795 MS62 NGC, KM187, Fr-1487, Gomes-41.08. A far-above-average example of this colonial rarity, with strong luster, original reddish tone and bold central detail. A planchet crack that begins at the leftmost portion of the crown is noted, but isn't uncommon for this generally-crude issue. Listed in the SCWC at $5,600 in VF condition.
Estimate: 4000-5000 USD