Watch List notes:

Lima, Peru, cob 8 reales, 1709M, with Guatemala sun-over-mountains countermark (Type II, 1839) on cross. S-L18; KM-34; CT-632. 26.84 grams. Good full pillars (well-centered) with crude old hole at top, nearly full cross with deep and choice countermark (AU+) to left, overall toned Fine with edge-crack, two clear assayers and mintmarks.

Estimate: $250-375