Mexico
Republic Cap and Rays 8 Reales 1831 Ca-MR XF40 PCGS, Chihuahua mint, KM377.03, DP-Ca01. Rather well detailed and attractive for the assigned grade, with pleasant old patina over partially lustrous surfaces free of distracting handling marks. A well above average example of the elusive first date for the Chihuahua mint, rated as "Very Rare" in DP, and eminently desirable in this wholesome preservation.
Estimate: 3000-3500 USD