Watch List notes:

Lima, Peru, pillar 8 reales, Charles III, 1766/5JM, dots over both mintmarks, dot over erased floret above assayer, very rare. KM-unl (A64.1 for Type). 26.75 grams. XF with light steel-gray toning, with faint trace of upper part of 5 inside the final 6 of date (missing in Gilboy) and clearly erased floret under dot above assayer (mentioned in a general footnote on page 153 in Gilboy).

Estimate: $600-900