Spain
Alfonso XIII gold 20 Pesetas 1904 (1904) SM-V AU53 PCGS, Madrid mint, KM724, Fr-349. Mintage: 3,814. One-year type. A second example of this elusive issue, this piece showing a bit more friction over the surfaces, with reddish-orange tone, particularly on the back, that compliments the appearance.
Estimate: 2000-2500 USD