Watch List notes:

Arequipa, Peru, 8 reales, 1841M, very rare. KM-142.11. 26.90 grams. Deeply toned VF with two small edge-flaws (as made) and very old file-marks at top due to mounting, very rare one-year issue with high catalog value and auction results, one of reportedly only four known and among the rarest and most important crowns of the early Latin American Republics, also one of the first to show fineness in the legend per 1840 decree to root out debased coinage. (Estimate: $3000 - 6000)