I have not seen this chip before. Most of the other SM-KEY Hacienda's have the horse & rider facing left except for the $1 SM-KEY. This is the only $25 with no inserts but the $5 Navy, SM-KEY also has no inserts, with the horse & rider facing left.

We will list it in the price guide due to come out in 6-8 weeks at "No Market" (*), which means that a value has not been decided upon by sales. I sincerely hope that this is not an April Fool's trick, as proposed by Jim Follis. It is a little strange that it is appearing soon after the Sands $5 ARODIE and the Hacienda $5 RECTL rendered large Ebay sales.