Madagascar
Ranavalona III aluminum Proof 5 Francs 1883 PR64 Cameo NGC, Paris mint, KMX-2c, Gad-6a, Lec-23 (Incorrect on NGC holder). Type 3 - Reeded edge. Our first offering of this rare world crown, wonderfully preserved for an aluminum issue, with glass-like reflectivity in the fields, delicate cameo contrast and design elements that rise to full completion over both sides. While offerings are infrequent, we do note a plain edge example of this type (of similar rarity), graded PR65 by NGC, selling in a Maison Palombo auction in November 2012 for a 6,000 Swiss Francs hammer price (approximately $6,468 at the time). Given the comparable attributes of the two pieces, we can only expect similar enthusiasm for this charming example.
Estimate: 4000-6000 USD