Watch List notes:

BULGARIA, Principality. Ferdinand I. 1887-1908. AV 20 Leva (21mm, 6h). Kremnitz mint. Dated 1894 KБ. Bare head left / Crowned coat-of-arms. CBC p. 16; KM 20; Friedberg 3. In PCGS encapsulation 39100811, graded MS 61.