Watch List notes:

Guatemala, bust 8 reales, Charles IV, 1804M, encapsulated NGC MS 62, ex-Richard Stuart (stated inside slab). CT-635; KM-53. Nice luster with incipient rainbow toning, faint surface hairlines on obverse only, second finest known in NGC census. NGC #4427827-005. Pedigreed to the Richard Stuart collection. (Estimate: $1250 - 2000)