Watch List notes:

Brazil (struck in Lisbon), 4000 reis, Jose I, 1777, inverted reverse, encapsulated NGC MS 62, tied for second finest known in NGC census. Russo-337; KM-171.4. Last date for Jose I, therefore a desirable year and very difficult to find in this high-quality condition, with choice luster and red toning all over.

Estimate: $1500 - 2250