Hong Kong
British Colony. Victoria 20 Cents 1875-H MS64 PCGS, Heaton mint, KM7. Decidedly choice for the grade, featuring an argent portrait of the Queen haloed by graphite tone, an even mottling of gunmetal patina across the reverse, and coppery notes that cling to the devices. The slightest bit of friction across the highest points likely accounts for the grade, as the surrounding fields are pleasingly free of any distracting marks. Choice at this level, with only a handful of examples certified finer.
Estimate: 3600-4000 USD