Watch List notes:

COLOMBIA: Carlos III, 1759-1788, AV escudo, 1772-P, KM-48.2, Fr-42, Restrepo-54.2, assayer JS, finest graded by PCGS, PCGS graded MS64, R. Interestingly, beginning in 1772, Charles III put into place a secret program to devaluate the coinage, lowering the gold fineness from 0.917 to 0.875, and lowering the silver fineness from 0.931 to 0.895.

Estimate: 1,500-1,800 USD