Watch List notes:

Quito, Ecuador, 1/4 real, 1843MV, ex-Bir. KM-26. 0.90 gram. Very crude Fine with dark toning, dark patch of oxidation on reverse, non-existent rims (as made), scarce. Pedigreed to the Mark Bir collection (our Auction #8, lot #1991), with his tag.

Estimate: $100