Watch List notes:

George III (1760-1820), octagonal countermark upon Spanish Eight Reales of King Charles IIII (1788-1808), 1797 IJ, struck in Lima, Peru, octagonal bust of George III from the maundy Penny die punch 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. MAE. 8R.I.J., mint letter ligatured, weight 26.98g (Bull 1872 R3; ESC 140A; C&R 1069A R; S.3766). Attractively toned, one short hairline scratch in obverse field, a couple of nicks, some light adjustment marks on drapery, otherwise coin and countermark good very fine and very rare.

Provenance:
Ex B.A. Seaby Ltd, Coin and Medal Bulletin, February 1984, item G93.
Ex Noble Numismatics Auction 92, 24th November 2009, lot 3227.
Ex A. H. Baldwin, Fixed Price List, Summer 2011, BM058.

The initials I and J at the end of the reverse legend represent the names of the Mint Assayers.