Watch List notes:

Guatemala, 8 reales, sun-over-mountains double countermark (Type III, 1840) on a Lima (State of North Peru) 8 reales 1838MB, NGC VF 30, ex-Richard Stuart (stated on label). KM-120.3. Full but somewhat lightly depressed countermarks (XF), the host well detailed and still somewhat lustrous but typically worn on opposite side for each countermark, with light uneven toning. NGC #4427743-014. Pedigreed to the Richard Stuart collection.

Estimate: $250-375