Watch List notes:

COINS, 錢幣, PLANTATION TOKENS, 種植園代用幣, Vereenigde Hevea Plantagen der Bila Landen, Sumatra: Steel 25-Cents, 28mm (cf LaWe 513, unlisted in this metal). Some light traces of corrosion, otherwise good very fine, very rare.

Estimate: US$400-500