Watch List notes:

Costa Rica, 25 centavos, 1864GW, small denomination, encapsulated NGC XF 45, ex-Mayer. KM-105. Deeply rainbow-toned all over, slightly crude strike as usual (some leaves flat, parts of rims weak and with small void at bottom of obverse), same grade as one that sold in our Auction #21 (lot #1362) for $940, in fact tied with two others for second finest in NGC census behind a lone MS 64. NGC #2728555-010. Pedigreed to the Frederick R. Mayer collection.
($500-750)