Watch List notes:

Santiago, Chile, bust 8 reales, Ferdinand VII, 1815FJ, encapsulated NGC MS 64, second finest known in NGC census. Lustrous and choice, with no wear at all but a stray mark or two in fields, light incipient toning, bettered by only a single MS 65 in the NGC census, an absolute gem for the serious Chile collector.

Estimate: $3500 - 5000