Watch List notes:

Foreign Coins, Mexico, Carlos IV, 8 reales (2): 1790FM, bust of Carlos III r., rev. crowned arms (KM.108), heavily chop-marked on obverse; 1797FM, bust of Carlos IV r. (KM.109), both certified and graded by NGC, the first as Very Fine – Details, Chopmarked, the second as Fine – Details, Chopmarked, Cleaned (2)
The second coin shows a single, minute partial chopmark on the reverse and, in the opinion of the cataloguers, it has not been cleaned.
(80-120)