Watch List notes:

Costa Rica, Central American Republic, 1/4 real, 1845-CR, encapsulated NGC MS 62. KM-23. Nicely toned over good luster, choice and fully detailed sun-over-mountains, lamination flaw below tree on other side, parts of rims crude (as made), tied for second finest known in NGC census. NGC #4438968-008. (Estimate: $1000 - 1500)