Watch List notes:

Nicaragua (struck in Waterbury, Connecticut), gilt copper-nickel specimen 1 centavo, 1878, very rare (two known). KM-1 for type. 4.45 grams. Gem BU with practically no marks or flaws of any kind, specimen surfaces with circular polish lines, one of two found in the Scoville Manufacturing archives but not listed in KM (different from Proof striking) and currently not recognized by third-party grading services, unique opportunity for the Nicaragua or Central America specialist. XRF: 74.13% copper, 22.97% nickel, 2.73% gold, traces of silver and iron.
($500-1000)