Watch List notes:

Brazil
João V gold 20000 Reis 1726-M AU55 NGC, Vila Rica mint, KM117, Russo-250. Lightly toned and rather well struck with scant actual high-point wear, good underlying luster and mild diagonal adjustment marks near the centers. A second, well above average example of this iconic gold issue, also decidedly scarce and quite popular in this preservation.

Estimate: 6000-8000 USD