Watch List notes:

Popayan, Colombia, 1/4 decimo, 1866, stars with open centers (unlisted). Restrepo-248.7 var; KM-143.2 for type. 0.74 gram. Interesting variety with "gears" (stars with open centers) at bottom of revere (not listed for this date in Restrepo), attractively toned AU- with traces of luster, crude rims (as made).
($250-375)