Watch List notes:

Medellin, Colombia (struck in Paris), silver specimen pattern (essai) for gold 5 pesos, 1923, reeded edge, rare, PCGS SP 64, finest and only example in PCGS census. Restrepo-140 (p. 256). A silver pattern for the standard issue in gold (Restrepo-455) but with ESSAI stamped into the obverse below the chin, boldly struck and lightly toned, muted luster, no marks or wear. Pedigreed to the Eldorado collection (Stacks Bowers auction of August 2018, with original lot-tag 42286).
($1000-1500)