Watch List notes:

PERU, Colonial. Carlos IV. King of Spain, 1788-1808. AV 8 Escudos (37mm, 26.94 g, 12h). Lima mint. Dated 1801 (LIMÆ) IJ. Armored and draped bust right / Crowned coat-of-arms within Collar of the Order of the Golden Fleece. Calicó 1185; KM 101; Friedberg 8. Underlying luster, a few minor adjustment marks. Good VF.

From the Jack A. Frazer Collection.