File:Honduras SA32-1610o.jpg

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This specimen was lot 1610 in Stephen Album sale 32 (Santa Rosa, CA, September 2018), where it sold for $305.50. The catalog description[1] noted, "HONDURAS: Republic, AR 25 centavos, 1904, KM-50a, NGC graded AU58, ex Richard Stuart Collection. Designed by Swiss-born Jean-Baptiste Frener, who from 1860 was the director of the Casa de la Moneda in Guatemala."

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