Mexico
Philip V Klippe Cob 8 Reales 1734/3 Mo-MF XF45 NGC, Mexico City mint, KM48. 26.8gm. Struck on a much fuller flan than the majority of examples, with an ideal orientation to the stamp that preserves not only the date and assayer-mintmark in full, but also the king's name and nearly the entirety of the legends.
https://coins.ha.com/itm/mexico/mexico-philip-v-klippe-cob-8-reales-1734-3-mo-mf-xf45-ngc-/a/3082-34456.s?type=CoinArchives3082
HID02906262019
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Estimate: 1200-1500 USD