Watch List notes:

Panama (struck at the Philadelphia mint), copper-nickel 5 centesimos, 1929, encapsulated NGC MS 64, ex-Richard Stuart (stated inside slab). KM-9. Light golden toning over luster, two light bagmarks only, tied with five others for finest known in NGC census. NGC #4427875-003. Pedigreed to the Richard Stuart collection. (Estimate: $80 - 120)