Watch List notes:

ITALY: Umberto I, 1878-1900, 20 centesimi, 1894-KB, KM-28.1, struck in Berlin, PCGS graded MS64. 88,662,000 coins of this type were withdrawn from circulation from 1909 to 1914, as they were heavily counterfeited. Many of these withdrawn coins were used to strike the 20 centesimi type KM-58.

Estimate: 40-60 USD