Watch List notes:

El Salvador, 1 real, R-in-beaded-circle countermark (Type IV, 1862-3) on a Guatemala 1 real, 1861R, NGC VF 30, c/s XF standard. KM-unl (88 for type). Bold full countermark on Carrera's neck, bold but silvery host whose date is unlisted in KM, tied with one other for finest known in NGC census (for any host date). NGC #3901880-004.

Estimate: $150-225