Watch List notes:

(g) Spain, Alfonso XII (1874-85), 25-Pesetas, 1880 ms-m (18-80 in stars), Madrid, bare head right, rev. crowned shield within Collar of the Order of the Golden Fleece (Cal.10; F.342; KM 673), good very fine.
provenance
Purchased Seaby, 29 July 1954
Estimate: £150 - £200