Watch List notes:

Bogota, Colombia, cob 2 escudos, (168)7, assayer sM, very rare. S-B22b; KM-14.1; CT-150; Restrepo-M66.8. 6.53 grams. Full shield with clear II-sM to right (1687 only), nearly full cross, lacking x's in dimples of tressure but with clear tail of 7 of date, lustrous AU- with crude peripheries (as made). Restrepo attributes this mark to assayer Soto Maldonado of 1677-78, but the Practical Book of Cobs (4th edition) shows a clear example of a 2 escudos with assayer sM and date 1687, which happens to coincide with a recently discovered 8 reales of the same date showing assayer IeMs, which we believe standards for Jose Marti(nes).

Estimate: $1500