Watch List notes:

George III (1760-1820), oval countermark upon Spanish Eight Reales of King Charles IIII (1788-1808), 1795 PP, struck in Postosi, Bolivia, small oval hallmark of George III right at centre of obverse, bust of Spanish King laureate and draped right, date below, legend and toothed border surrounding, CAROLVS.IIII. DEI. GRATIA, rev. crowned quartered shield of arms, pillar with ribbon incuse motto either side PLUS VLTRA, legend surrounding, .HISPAN. ET IND. REX. PTSI. 8R. P.P., mint letters as a cypher, weight 26.96g (Bull 1855; ESC 131; C&R 1069; S.3765A). Toned, some uneven black patches on obverse in toning, a couple of pits and hairline scratches, otherwise coin and countermark very fine, scarce.

Provenance:
Ex Spink Numismatic Circular, October 2003, item MS5339.
The initials P and P at the end of the reverse legend represent the names of the Mint Assayers who were Pedro de Mazondo and Pedro Martin de Albizu.