Watch List notes:

Colombia. Banco Union. 1 Peso. Cartagena, 18xx. P-S866s. Specimen. No. 00000. Black on light brown. Child standing at left, Libertad right, sailing ship at center. ABNC. SPECIMEN in red twice at bottom with three single hole cancels. Thin spots on back left from mounting in display book, pencil mark bottom margin. EF-AU..

Estimate: $300-400