Watch List notes:

KEELING-COCOS ISLANDS: John S. Clunies Ross, 1910-1944, 25 cents (1.22g), 1913, KM-Tn3, square "plastic ivory" token, serial number 1632, ink a bit faded or incomplete, mintage of only 5,000 pieces, Fine, S.

Estimate: 60-90 USD