Watch List notes:

Lisbon, Portugal, 200 reis, Joao IV, rare provenance. KM-49. 6.73 grams. Thin from corrosion but with bold full shield and cross and much legend on obverse due to poor centering, lightly toned. Pedigreed to the Frank Sedwick, Ph.D., Price List of April-May, 1992, with original tag. Recovered from: "Standing Cannon wreck," sunk ca. 1690 off Bay of All Saints, Brazil

Estimate: $125