R Leporis is a remarkable long-period Mira type variable that goes by the name of Hind's Crimson Star because of its peculiarly intense shade of red. The dimmer the star, the redder.
    Unfortunately this means that as the star brightens to its maximum, which is about 5.5, it loses much of its colour. Yet if you can spot the star before it achieves its maximum you'll find an intriguing object.

At its minimum the star is only about a 11.7 magnitude, beyond that of all but the largest binoculars. If you've a medium sized telescope, the star is worth the time.

Place mu and lambda Leporis at the eastern edge of your field of vision. Now R Leporis will be near the western edge: binocular field.