Watch List notes:

MEXICO, Colonial. Carlos IV. King of Spain, 1788-1808. AR 8 Reales (39.5mm, 26.78 g, 12h). Ciudad de México mint. Dated 1806 Mo TH. Laureate, draped, and cuirassed bust right / Crowned coat-of-arms between Pillars of Hercules. BW 28.10; KM 109. VF, toned, struck from clashed dies.