Watch List notes:

MEXICO: Republic, AE 1/8 real, 1824-D, KM-320, DB-201, Durango issue, apparently struck over Nueva Vizcaya 1/8 real, diagonal edge reeding, reverse scratched, NGC graded EF details, S. Whereas KM says that all overstrikes are believed to be contemporary counterfeits, Bailey makes no mention of this and implies that this is not the case.

Estimate: 200-300 USD