Watch List notes:

Popayan, Colombia, 1/4 real, 1816, NGC MS 63. Restrepo-101.1; KM-67.1; Cal-1521. Only year of issue for this denomination from the Popayan Mint. Strong strike details, pale green-gold toning, difficult to acquire in higher grades, tied with one other behind a single finer MS64 in the PCGS census.

Estimate: $100 - $150