Watch List notes:

Popayan, Colombia, bust 1 real, Ferdinand VII, (bust of Charles IV), 1810JF, encapsulated NGC XF 45, tied for finest known in NGC census. KM-68.2; Restrepo-112.1; CT-1190. Lustrous and choice, with incipient toning after cleaning (surface hairlines in evidence) so probably net-graded but otherwise clearly at least AU. ($200-300)