Watch List notes:

Bern, Switzerland, 1/2 franc, 1901, rare key date, encapsulated NGC MS 64. KM-23. 2.45 grams Good strike but somewhat matte, with muted luster and red toning only in stars on right, no marks or wear, tied with two others for finest known in NGC census. NGC #4465872-007. (Estimate: $500 - 750)