Watch List notes:

Bogota, Colombia, cob 2 escudos, Louis I, assayer not visible (S), mintmark F to left, very rare, NGC AU 58, finest known in NGC census.Restrepo-M90.2; S-B25a; KM-A25; Cal-Type 32.6.67 grams.Relatively broad flan with bold full shield (transposed lions and castles as usual) that is off-center just enough to allow a full king's ordinal I between two ornaments in legend to left outside mintmark F (for Santa Fe), possibly punched over assayer S (presumably relocated to right of shield, which is not visible), the cross also off-center and full but with date off flan (1724 or 1725 only), choice grade, the finest of just three entries at NGC.
($3000-4500)