Watch List notes:

Brazil (struck in Lisbon), 4000 reis, Maria I, 1787, encapsulated NGC MS 62, tied for second finest known in NGC census. Russo-496; KM-225.1. Unlisted variety with A of DOMINA struck slightly offset and over another letter, choice coin with deep old toning and underlying luster all over. Pedigreed to the New England Collection.

Estimate: $2500 - 3750