Watch List notes:

HANOVER. George III. 1760-1820. AR Half Dollar (32mm, 13.26 g). Emergency issue. Tower (London) mint. Struck 1797. Bust of George right in oval cartouche countermarked on a Spanish 4 Reales dated 1776 M PJ. For countermark: ESC 611; SCBC 3767. For host: ME 11781. Countermark EF. Host VF, toned. Scarce variety with inverted countermark.