Watch List notes:

Medellin, Colombia, 5 decimos, 1886, fineness 0.500, "long Liberty head" type with five-point stars, two dots on reverse, very rare, encapsulated NGC AU details / excessive surface hairlines, ex-Whittier (stated inside slab). This one-year subtype is quite different in many ways from the standard issue for this date: The Liberty bust is clearly albeit subtly different, with noticeable large hair curl below S in UNIDOS; the fineness is LEV instead of the usual LEI; the stars below the date are five-pointed instead of the usual seven points (the very rare Restrepo-304 also has five-point stars); and MEDELLIN is flanked by two five-point stars (like Restrepo-302 and 305) but with dots flanking CINCO DECIMOS (unlike Restrepo-302 and 305). This Whittier specimen is the only example of this very rare subtype we were able to verify having been on the market. Note the original Whittier description (Heritage): "AU, virtually no circulation wear evident, lightly cleaned but with unusually bold details." Hairline scratches below the letters of ESTADOS and on the back of the head are noted for the sake of completeness. Pedigreed to the Whittier collection.

Estimate: $800 - 1200