Watch List notes:

ETHIOPIA: Menelik II, 1889-1913, AR mahaleki, EE1885 (1892/93), KM-1, struck for use in Harar province, which was seized by Menelik II in 1887, fabulous strike, almost certainly one of the finest known (in an old PCGS holder and should have been graded as uncirculated), PCGS graded AU58 Secure Holder. This piece was sold at Heritage Signature Auction 3024, Lot 23769, for $3250, in this same PCGS holder.

Estimate: 1,100-1,500 USD