Watch List notes:

Spain, Alphonso XII (1874-85), 5-Pesetas [4], 1875-DE M {75}; 1876-DE M {76}; 1879 EM-M {79}; lastly, 1882-MS M {82} (Dav. 339-341; KM 671, 676, 688), some lightly wiped, otherwise generally very fine or near so [4].

Estimate: £40 - £60