Watch List notes:

Popayan, Colombia, 1/2 real, 1844 U.E., very rare, XF details / cleaned, finest known in NGC census. Restrepo-178.18; KM-96.2. Bold strike but surfaces a bit rough (as made) and white from cleaning, crude rims, one of just four known according to Restrepo, none in straight grade at either NGC or PCGS. NGC #6442573-013. Pedigreed to the Bernal Collection (stated on label).
($500-700)