Watch List notes:

Honduras
El Paraiso Token Sextet, Rulau on page 259 inexplicably included little about the Department (one of 18 counties) of El Paraiso, and then botched his four descriptions within; such inexactness is below his typical standard. Rulau Elp -7 is as his description but with Arcadia Cobus (not Cobas as he shows, nor Cobos as on a following piece); this Un Real grades AVF. Our second piece is almost certainly his Elp -8; a 20.3 mm brass with the legends much like Elp -7 but with "Por Un Medio" on one side's center and the corresponding equivalent valuation of "6 ¼ Centavos" opposite. Based on Rulau's footnote past Elp -10, its spelling of Cobas is correct as it is indicated. This piece is deeply struck and sharply detailed but its flan is etched from burial. Third is a noticeably smaller 18mm brass with Arcadia Cobos (sic says Rulau) and El Paraiso around 13 stars surrounding one octagonal star; its backside shows ½ Real without any indicated conversion value for the Centavo system then used for the national coinage. Likely an earlier issue, catalogued by Eklund 974, it is in Fine+. Fourth item, unlisted by Rulau, seems to be the only such example traced by Dana. The 23 mm aluminum boldly shows it geographic origin as El Paraiso in C.A (Central America). Issued by M. Diaz & Co. with a circulating value of ½ Real; like the Eklund 974 piece in this lot, no conversion to its Centavo equivalent is indicated in its design. This piece clearly circulated but has definite luster remaining. Final two pieces are of the Zelaya I Diaz style shown by Rulau as from Danli and described as Elp -20 and Elp -21, dated 1877. The larger 24mm brass 25 Centavos in Fine+ remains in its original Norweb envelope while its smaller 21mm counterpart "10 Centavos" has one surface mark but also luster and grades EF.From The Dana Roberts Collection and Study Group

Estimate: 400-800 USD