Watch List notes:

Brazil (Bahia mint), 4000 reis, Joao V, 1721-BBBB, inverted reverse (rare), encapsulated NGC MS 62, finest known in NGC census by THREE grades. Russo-67a; KM-106. Astonishing quality and eye-appeal, with prooflike, mirror surfaces and a total lack of flaws and wear, clearly higher grade but probably conservatively assessed by NGC due to a total lack of comparable specimens, truly the most beautiful specimen of this denomination we have ever seen, and a rare variety on top of that. Pedigreed to the New England Collection.

Estimate: $3500 - 5000