Watch List notes:

Mexico City, Mexico, bust 8 reales, Ferdinand VII, 1815JJ, encapsulated NGC MS 63. KM-111; CT-557. Bold strike with good rims, nice luster but surfaces slightly grainy (as made), no toning, rated as second finest in NGC census, bested by a single MS 64. NGC #4427727-004. (Estimate: $700 - 1000)