Watch List notes:

Caracas, Venezuela, 1/4 real, 1821, variety with 8 fat rays and 24 small rays (all crude), very rare. KM-C31; Stohr-13. 0.43 gram. Toned VF with crude hole near edge. Pedigreed to the Heritage auction of September 2011 (lot #28135).

Estimate: $700