ITALY. 25 Centesimi, 1903-R. NGC MS-63.
KM-36; Mont-274; Gig-192. A nice example of the two year only issue, a denomination that was short-lived and not adopted as a regular type after 1903, with the 20 Centesimi resuming production in 1908 a few years later. An odd-ball denomination from a purely Italian perspective. Highly reflective fields and without problems. NGC MS-63.
Estimate: $100.00- $150.00