Watch List notes:

Santiago, Chile, bust 1 escudo, Ferdinand VII (bust of Charles IV), 1816FJ, very rare, encapsulated NGC VF 35, finest known in NGC census. KM-76; CT-347. 3.3 grams. With beautiful red toning all over and rather neat fields, in our estimation this coin is XF all day long, yet even at VF 35 it is the finest known by NGC standards, a testament to its great rarity as among very few survivors of a tiny mintage of just 408 coins. Pedigreed to our Auction #12, with original lot-tag #129.

Estimate: $1250