Watch List notes:

Madrid, Spain, medallic bronzed-copper pattern 5 pesetas, 1868, PCGS SP65+. CT-p. 806; Calb-569; KM-Pn10. Deep burnt-sienna color on pristine fields, darker details in bold relief, truly a beautiful example, second highest grade in PCGS census behind a pair of MS66's. PCGS #37075481.

Estimate: $500-750