Watch List notes:

NETHERLANDS. Wilhelmina. 1890-1948. AR 25 Cents (19mm, 6h). Utrecht mint; muntteken: halberd and caduceus. Dated 1893. Bare head left / Denomination and date within wreath. Schulman 617; KM 115. In NGC encapsulation 3748193-002, graded XF 45.

From the Richard L. Horst Collection. Ex Jonathan K. Kern Collection (Classical Numismatic Group Electronic Auction 421, 30 May 2018), lot 694.