Watch List notes:

Brazil, Joao as Regent (1799-1818), 40-Reis, 1815R, 20-Reis (2), 1802, 1816B, 10-Reis, 1806R, Joao VI (1818-22), 80-Reis, 1821B, 40-Reis, 1820R, 20-Reis, 1822R, 10-Reis, 1820R (KM 232.3, 233.1, 233.2, 234.3, 314.1, 316.1, 319.1, 342.1), the 20-Reis of 1816 with test cut, fine to very fine (8).

Estimate: £100 - £120