Watch List notes:

Mexico City, Mexico, cob 4 reales, Philip V, assayer not visible, error with denomination as "8" (rare), with flower countermark (Sumenep / Madura Island, Indonesia, 1/2 real batu, 1814) on cross side. KM-40. 10.38 grams. Rectangular flan (clipped at one end) with clear shield and cross and full denomination 8, worn (VG) but with full countermark, toning in crevices.

Estimate: $150-225