Watch List notes:

Tegucigalpa, Honduras, low-silver 4 reales, 1851G, wider date variety, encapsulated NGC AU 53, finest known in NGC census, ex-Richard Stuart (designated on label). KM-20a. Choice full details for the type (albeit crude), with lustrous silver surfaces over copper core, 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 #4427711-007. Pedigreed to the Richard Stuart collection.
($800-1200)