Watch List notes:

CANADA: 1/4 made beaver token, ND (1857), Br-928, H(udson's) B(ay Company) E(ast) M(ain district Good for) ¼ N([M]ade) B(eaver), PCGS graded MS62. The Hudson's Bay Company tokens were only struck about 1857, and recalled shortly afterwards; the N. B. has been an error of the die cutter for M. B., or made beaver, currency skin, to distinguish it from the beaver skin, which was formerly the unit of the trade, thus a beaver skin may be worth one, two or more made beavers, likewise a martin.

Estimate: 200-300 USD