Watch List notes:

Philippines (under Spain), 1 peso, Isabel II, crowned-Y.II countermark (1837) on volcano side of a Santiago, Chile, "volcano" peso, 1834, encapsulated NGC VF details / polished. KM-108 (c/m); CT-Type 108. Very rare with countermark on volcano side (also visually more attractive that way) with wide area of flatness in center on other side as a result, some hairlines in fields but not bad, and more like XF+ or even AU- in our estimation, with luster and light rainbow toning (stronger on date side). (Estimate: $1250 - 2000)