Watch List notes:

Santiago, Chile, bust 8 reales, Ferdinand VII transitional ("admiral" bust), 1809FJ, rare, encapsulated NGC MS 62. KM-68; CT-624. Luster and rainbow toning around details, no marks or wear, a very choice and lovely specimen of this brief and popular type, in fact second finest known in NGC census. NGC #2713842-005
($3500-5000)