Watch List notes:

Puerto Rico (under Spain), 1/4 dollar, fleur-de-lis countermark (1884) on a USA (Philadelphia mint) seated Liberty 1/4 dollar of 1857. KM-6.3. 5.84 grams. Full but crude countermark, typically heavily worn host (VG) with crude hole at rim, darkly encrusted fields, popular issue.

Estimate: $300