Watch List notes:

Brazil, 20000 reis, Pedro II, 1851, large bust ("Papo de Tucano") encapsulated NGC MS 64, finest known in NGC census. Russo-634.; KM-461. Superb strike with choice details everywhere, muted luster with hint of toning, only visible flaw being two tiny marks in the hair, still the best of its kind, and there are many (currently 43 coins in the NGC census). Pedigreed to the New England Collection.

Estimate: $1750 - 2500