Watch List notes:

Lima, Peru, pillar 8 reales, Charles III, 1764JM, dot over left mintmark only (rare). KM-A64.2; CT-840. 26.96 grams. Mint State or close to it, with light rainbow toning over muted luster, a rare variety that was missing in the Ray Johnson collection, leading Freeman Craig to state in his Spanish Colonial Eight Reales pamphlet "should exist but unconfirmed." Pedigreed to the Ponterio auction of November 2009 (lot #9948).

Estimate: $800-1200