Watch List notes:

Puerto Rico (under Spain), 40 centavos, Alfonso XIII, 1896PG-V, NGC MS 63.Cal-127; KM-23.Gorgeous, vibrant rainbow toning (especially strong at rims) with underlying luster, just a few contact marks but no wear, this denomination very rare to find in Mint State, this example among the top ten graded at NGC.
($2500-3750)