Watch List notes:

Popayan, Colombia, 1/4 real, 1826 RU, NGC AU 53. Restrepo-147.1; KM-85.3. First year of issue and the most common date of a generally rare type. Better looking than the numerical grade suggests due to the crude and slightly off-center striking with significant surface luster beneath light gold toning. NGC #6058651-006.
($400-600)