Watch List notes:

Popayan, Colombia, 5 decimos, 1878, rare, PCGS F12. Restrepo-295.7; KM-153.6. Full legends (with contrasting toning) but typically weak centers, crude rims as usual (with cuds and voids). PCGS #39228004. Pedigreed to the Nueva Granada Collection (stated on label).
($300-$450)