Watch List notes:

Pasto, Colombia, bust 2 reales, Ferdinand VII (bust of Charles IV), 1822 O, NGC AU 50 ("top pop"). Restrepo-115; KM-74; Cal-894. Fine style with bold details but laminations between date and CONST (hence dot variety unclear), also crude rims (as made), but very choice grade for this type, with lustrous fields and lightly toned, in fact one of only two straight-graded examples in the NGC census (both AU 50), popular one-year type believed to have been struck by fleeing royalists using modified Popayan dies with CONST in legend (unique among colonial issues) in reference to the new Spanish Constitution of 1812. NGC #6442565-036. Pedigreed to the Bernal Collection (stated on label).
($600-900)