Watch List notes:

Republic, 8 reales, Hermosillo mint, 1865 FM, stop between F.M. (DP-Ho06), virtually as struck, with usual die flaws in an early state, lightly toned, rare; a choice example of an 1865-dated cap and rays 8 reales
(1500-2000 GBP)

Offered in a NGC holder graded MS 63