Watch List notes:

TIBET: AR ½ rupee, Chengdu mint, ND (1904-12), Y-2, L&M-361, Szechuan-Tibet trade issue, portrait of the Chinese emperor Guang Xu derived from British Indian rupee of Queen Victoria // vertical rosette at center, Chinese inscription, si chuan sheng zao ( "made in Sichuan "), deep toning, NGC graded MS62.

Estimate: 1,000-1,200 USD