Watch List notes:

Australia, Cocos (Keeling) Islands. John Cecil Clunies-Ross CU 25 Cents. 1977. Bust to left; JOHN CLUNIES ROSS and wreath around / • KEELING-COCOS ISLANDS •, denomination to right of palm tree on beach with sea behind; date flanked by 8 stars below. KM X3.

NGC graded MS 64 RB (#6320873-004). Only one piece graded higher at NGC. Scarce.

From the inventory of a UK dealer.