Watch List notes:

MEXICO, Guerra de Independencia. Zacatecas. Fernando VII. Second reign, 1813-1833. AR 8 Reales (37.5mm, 26.82 g, 12h). Dated 1821 Zs RG. Laureate and draped bust right / Crowned coat-of-arms between banner-entwined pillars of Hercules. BW 73.1; KM 111.5. VF, toned, a few light scratches.

From the Norman Frank Collection.