Watch List notes:

Bogota, Colombia, cob 1 real, Philip IV, assayer R to right, mintmark NR to left. Restrepo-M20.27; S-B6; KM-5; CT-unl (236 for Type). 3.45 grams. Good full shield and crown (slightly doubled) and cross (proper quadrants), some legend including bottoms of 16 and possible tail of final digit 9 of date (hence 1649, as listed in Restrepo), richly toned AXF.

Estimate: $250-375