Brazil
Republic "Discovery Anniversary" 4000 Reis 1900 MS63 NGC, KM502.1, Russo-680. 20 Rays variety. The largest denomination from this "Discovery Anniversary" commemorative issue with light tone on each side. Often mishandled as a type with Select examples such as the present being particularly desirable. Krause catalog price(s) for this item: $300 in VF, $500 in EF, $700 in UNC.
Estimate: 1200-1500 USD