Watch List notes:

Paraguay, pattern 2 reales, 1868, large date, plain edge, rare, NGC MS 61, ex-Salbach. KM-Pn27. No wear, muted luster, toning around details, crude rims and edge (as made), desirable old pedigree. NGC #4465014-002. Pedigreed to the Oscar Salbach collection (J. Schulman auction of September 1911).

Estimate: $2000-3000