Watch List notes:

Durango, Mexico, bust 8 reales, Ferdinand VII, 1817MZ. CT-KM-111.2. 24.61 grams. Despite its debased appearance (AVF with strong gold color and patches of original silver showing through in worn areas) and low weight, this piece assays at 83.43% silver, 0.3% gold, and 0.23% lead with the balance most likely copper. ($200-300)