Watch List notes:

Guatemala (Central American Republic), 1/4 real, 1845, very rare, NGC MS 62. KM-1. Bright white and lustrous, with every detail sharp and bold (the tiny sunface even somewhat three-dimensional), struck just slightly off-center, its rarity perhaps explained by the fact that in this year 1/4R were also struck in San Jose, Costa Rica, for the first (and only) time. Tied for finest known in NGC census. (Note: This is probably the first time both the 1845 and the 1851 [lot 921 below] have been offered in the same sale, both coins being restrictively rare, particularly in such choice grade.) NGC #20963381-005.

Estimate: $1250-2000