Watch List notes:

SWITZERLAND, Canton of Appenzell-Ausserrhoden. Herisau. AR 2 Franken (33mm, 14.96 g, 6h). Dated 1812. Coat-of-arms set on olive branch and palm frond / Soldier standing left, resting hand on shield and holding sword set on ground. HMZ 2-29; KM 8. Rich iridescent toning. EF.