Watch List notes:

Panama(?), P countermark on a Granada, Spain, 1 real, Ferdinand-Isabel, circlets flanking shield, mintmark Gothic G on reverse, rare. CT-316 (host). 2.80 grams. Very deeply impressed P on the reverse of a choice XF host with choice full inner details and crown, full Gothic legends, lightly toned with traces of lacquer.
(400 - 600 USD)