Watch List notes:

SPAIN. Euzkadi. 2 Pesetas, 1937. NGC MS-65.
KM-2; Cal-Type 4#15. Nearly tone-free with bright luster and few marks. A coin that shares finest certified status with five other coins at NGC.

Struck during the Spanish Civil War (1936-39) for use in Euzkadi, an autonomous region in northern Spain with coastline along the Bay of Biscay.

From the Avrabanel Collection.

Estimate: $50 - $150