Watch List notes:

MEXICO (Insurgent Issue): AR 8 reales, ND (ca. 1812), KM-285.3, Chilpanzingo and Morelos countermarks on cast 1811MoHJ 8 reales, struck by Insurgents under General Morelos, very crude host, with small scratches, rim nicks and various marks, including on edge, countermarks somewhat unevenly applied, flan dark, but tests out as 55% silver, VF countermarks on Fine host.

Estimate: 180-220 USD