Watch List notes:

Bogota, Colombia, cob 1 real, 1627(P), PCGS F12, ex-Hubbard hoard, ex-Christensen, ex-Eldorado. Restrepo-M20.12; S-B4; KM-5; CT-1067. 3.34 grams. Full date to left of off-center cross with quadrants transposed as usual, the shield also off-center with bold denomination I to right inside most of king's name, rich rainbow toning all over. PCGS #85753764. Pedigreed to the 1950s Clyde Hubbard hoard, with Henry Christensen tag, and pedigreed to the Eldorado collection (Stack's Bowers auction of January 2018, lot #11092).

Estimate: $350-500