Watch List notes:

Sombrerete de Vargas, Mexico, 8 reales, 1811, struck issue, encapsulated NGC AU 50, second finest known in NGC census, rare. Very crude strike as usual but with full shield with well-detailed full crown above, lightly toned with traces of luster, adjustment marks, bettered only by a single AU 55 at NGC.

Estimate: $1000 - 1500