Watch List notes:

Bogota, Colombia, cob 1/2 real, 163(?), quadrants of cross transposed, rare. Restrepo-M16; KM-8. 1.59 grams. Oddly rectangular flan with bold cross and most of monogram, full 16 and clear 3 of date at 2 o'clock (rotated legend), VF with slightly porous monogram side, darkly toned fields.

Estimate: $125