Watch List notes:

Mexico City, Mexico, bust 8 reales, Ferdinand VII transitional ("armored" bust), 1809TH, NGC MS 61. Yonaka-M8-109; Cal-1308; KM-110. Good luster with light bluish toning, faint surface hairlines in front of bust, die-clash behind head, adjustment marks on date and parts of rims slightly crude (as made). Yonaka points out three bust types for this transitional issue, and this one is clearly Type A. NGC #4459786-009.
($300-$450)