Watch List notes:

PORTUGAL: Luiz I, 1861-1889, AE 20 reis (11.95g), 1863, KM-Pn135, King's Latin name and titles around XX/ REIS // crowned Belgian coat of arms divides 2½ - R, legend ENSAIO MONETARIO (monetary pattern) above, a few rim taps, AU, RR. Struck in Brussels to demonstrate the size of a new copper coinage.

Estimate: 260-325 USD