Watch List notes:

Bogota, Colombia, Banco Lopez, 5 pesos, 1919, serial A31445, PMG VF 25, ex-Eldorado. SCWPM-S575b; CHPM-8654. Bright ink colors on both the host note as well as the overprint, two paid perforation cancellations (also noted on the PMG label). One of four in this highest grade seen at PMG. PMG #8044297-002. Pedigreed to the Eldorado collection.
($200-$300)