Watch List notes:

Caracas, Venezuela, 1/4 real, 1821, variety with 1*9 in center, 8 large rays and 16 medium rays, very rare. KM-C31; Stohr-13. 0.57 gram. About Fine with light toning, off-center obverse, undervalued in KM. Pedigreed to our Auction #6 (lot #1602).

Estimate: $1000