Panama
Panama(?), P countermark on a Granada, Spain, 1 real, Ferdinand-Isabel, cross-like ornaments flanking shield, mintmark Gothic G on reverse.Cal-365 (host).2.73 grams.Deep, bold and full countermark punched right over the mintmark, the host with super-sharp details including full (Gothic) legends in AU grade but with light corrosion near edge, brown sediment in crevices.
Estimate: 300-450 USD