Watch List notes:

Martinique (French Colony), gold 22 livres, countermark "22" over eagle (1805) on a genuine Rio, Brazil, 6400 reis, Jose I, 1759-R, PCGS AU58, c/m UNC detail. KM-37; Fr-2. Visibly intact host (weight not stated) with choice details and traces of luster under light red toning, the countermark (Gordon Variety B reworked) as deep and sharp as they come, the scarcer of this island's two stamps (the other being 20-over-eagle, reserved for circulating forgeries), decreed in 1805 and applied by goldsmith Costet, emulating an 1804 decree on Guadeloupe. It is interesting to note that this all occurred during a brief period of French control after the Treaty of Amiens, as otherwise the island was British-controlled until a permanent return to the French following the conclusion of the Napoleonic Wars in 1815.
($10000-15000)