Watch List notes:

Popayan, Colombia, 1/4 decimo, 1860, three stars, NGC MS 63, finest known in NGC census, ex-Norweb, ex-Lissner. Restrepo-221.2; KM-123 (as 1/4R). Bold strike (very deep at rims), with deep rainbow toning over luster, mislabeled by NGC and miscataloged in Lissner as a 1/4 real, still finer than the single 1/4 decimo in the NGC census at AU 55. Note the presence of three six-point stars instead of nine five-point stars on this type indicates it was an issue of the Granadine Confederation and not of the United States of New Granada. NGC #3831525-067. Pedigreed to the R.L. Lissner collection (stated on label) and to the Norweb Collection (Christie's Dallas auction of November 1985, lot 754).
($700-1000)