Watch List notes:

Mexico City, Mexico, cob 8 reales, 1731F. S-M26; KM-47a; CT-762. 27.26 grams. Full 731 of date with the 1 deeply punched into an erased area, also full oMF and most of shield, full but off-center cross, flat peripheries, odd-shaped flan with the edge cut and beveled in five places, Fine+.

Estimate: $150-225