Watch List notes:

Minerva (struck by the Lechter Mint, California), 35 dollars (silver with gold), 1973, fantasy issue, encapsulated NGC MS 66. KM-X1. Prooflike with mirror surfaces, with bust of Minerva plated in gold and rest of coin silver (amounting to 10 grains of gold, and 24 grams of silver, as stated on the coin), from a small mintage of 10,500 coins by the Letcher Mint in California. The short-lived island nation of Minerva was founded on January 19, 1972 by a group of political activists under the leadership of Michael Oliver, whose intention was to create a man-made island on the Minerva reefs and form a society founded on Libertarian values. Several months later, the Kingdom of Tonga enforced their claim to the reef and the Republic of Minerva collapsed. (Estimate: $100 - 150)