Watch List notes:

Tegucigalpa, Honduras, low-silver 4 reales, 1850G, narrow date variety, encapsulated NGC AU 53, ex-Richard Stuart (designated on label). KM-20. Nice details with lustrous silver surfaces over copper core, crude area with heavy marks at top and lacuna in rays (as made), minimal actual wear. While relatively inexpensive in lower grade, these low-silver issues are practically non-existent this nice (no values above VF in KM). NGC #4427711-002. Pedigreed to the Richard Stuart collection.
($800-1200)