Watch List notes:

Pasto, Colombia, bust 2 reales, Ferdinand VII (bust of Charles IV), 1822O, neater design, encapsulated NGC XF 45, finest known in NGC census by 4 grades. KM-74; Restrepo-115.2 (as Popayan); CT-973. Unusually well detailed for this interesting single-date, single-assayer issue from a revolutionary-era Royalist mint, also distinctive as the only New World issue to mention the new Spanish Constitution in the legend, also traditionally considered the first issue struck in Ecuador by those who believe the P stands not for Pasto but Popayan and used by Royalists on the run in Ecuador. NGC certification number 3724672004. ($1000-1500)