Watch List notes:

Tegucigalpa, State of Honduras, low-silver 4 reales (provisional), 1852G, NGC AU 58. KM-20b. Dark gray surfaces with deep olive toning as struck in only 6.25% silver, no noticeable marks or wear (looks more like MS) but also no luster, slightly off-center strike on broad flan, second finest in NGC census behind a single MS 62. NGC #4323257-012.
(300 - 450 USD)