Watch List notes:

Santa Marta, Colombia, 2 reales, Ferdinand VII, 1820, very rare. Restrepo-117.1; KM-B5; CT-1013. 3.91 grams. Deeply toned VF in low-fineness silver, struck slightly off-center and with weight-adjusting clip in edge (as issued), but with bold details all over, quite decent for the type overall.

Estimate: $1500-2250