Watch List notes:

Lima, Peru, bust 8 reales, Ferdinand VII transitional ("imaginary" bust), 1811JP. KM-106.2; CT-476. 20.00 grams. Bold AVF details despite light to moderate corrosion, no toning, scarce type as from a wreck. Pedigreed to the Charles Eidel collection. Recovered from: Unidentified ca.-1812 wreck off Cadiz, Spain (Estimate: $90 - 135)