Watch List notes:

Guadalajara, Mexico, bust 8 reales, Ferdinand VII, 1821FS, one fleur above two (rare), ex-Leunda. KM-111.3; CT-448. 27.65 grams. Bold VF with minimal toning, parts of rims crude (as made), rare error in shield. Pedigreed to the Jose Leunda collection.

Estimate: $300-450