Spain
Alfonso XII gold 25 Pesetas 1881 (81) MS-M MS66 NGC, Madrid mint, KM687. The finest example we've observed and tied for the finest graded at NGC, with coruscating mint bloom that goes undeterred in the fields and design detail that rises to full completion. The tone is rather attractive as well, with a halo of orange-gold essence surrounding most of the raised surfaces that helps to further embolden the appearance.
Estimate: 1000-1500 USD