Watch List notes:

Bogota, Colombia, cob 2 escudos, Philip IV, assayer not visible (A to left), very rare variety with dots outside arms of cross (1639 only?). S-B20; KM-4.1; Restrepo-M50.16. 6.77 grams. Full shield and cross despite flat spots, distinctive variety that resembles Cartagena issues and Restrepo calls "1639?" and "one known" (but with picture of another specimen), very lightly toned AU-.

Estimate: $900 - 1350