Watch List notes:

VENEZUELA. Brass 2 Reales Token, ND. PCGS MS-63 Gold Shield.
Rulau Ven-80. Struck for the Hacienda de Montelimar. A flashy piece with dark brassy color, and a few dark carbon spots.

While attributed to Venezuela in Russell Rulau's book entitled Latin American Tokens, some research suggests that this token was actually struck for use in Chile.

Estimate: $200.00- $400.00