Watch List notes:

Bogota, Colombia, 1/4 real, 1820, NGC XF 45, ex-Esmeralda. Restrepo-145.1; KM-79.1. Broad flan with full rims (reverse slightly off-center), deep toning and honest even wear, scarce first date of the type with Phrygian cap splitting denomination 1-4 and no mintmark, effectively unchanged from the 1814-16 Cundinamarca issues under the United Provinces of New Granada, this example second finest in NGC census behind a single AU 53 (previous lot). NGC #2806799-006. Pedigreed to the Esmeralda Collection (stated on special label).
($600-900)