Watch List notes:

MEXICO: War of Independence, AR 8 reales (26.51g), ND (ca. 1812), KM-265.1, assayer TH, Morelos Insurgent type A countermark on cast 1805-MoTH Mexico 8 reales (KM-109), date of host unlisted in KM, slightly dished from countermark application, one of the nicest we've seen of this type, Fine to VF on VF host. Issue of José María Morelos, a Roman Catholic priest and revolutionary rebel leader during the War of Independence movement.

Estimate: 400-500 USD