Watch List notes:

Bogota, Colombia, 1/4 real, 1821, mintmark BA (no dot), NGC AU 53. Restrepo-145.3; KM-79.2. Deeply toned over muted luster, with full but crude rims and small edge-crack (as made), second variety (with mintmark added) of the scarce early Phrygian cap type.

Estimate: $800 - $1200