Watch List notes:

BULGARIA. Countermarked Imitative 4 Ducat, 1912. PCGS AU-58 Gold Shield; Countermark: Almost Uncirculated.
KM-unlisted; Fr-unlisted. Featuring a Crown/A1 countermark stamped upon the reverse at 6 o'clock, this Bulgarian imitation of the classic Austrian issue (KM-2276) is quite charming and retains much of its original mint bloom.

Estimate: $800.00- $1200.00