Watch List notes:

FRANCE: Louis XIV, 1715-1774, AR écu, 1764, KM-512, countermarked REED / H.C.F, pierced for suspension, with the piercing obliterating the mint mark; interesting research piece, Fine. Probably 19th century countermark from Britain or British merchants operated or advertising in France; Brunk lists several merchants stamping REED, with or without their initials, on United States coins, but French écus rarely circulated in the US.

Estimate: 90-120 USD