Watch List notes:

Philippines, Isabel II, 8 Reales, countermarked Peruvian Republic coinage 8 Reales, 1828, Lima, assayer JM, shield within branches, rev. small figure of Liberty standing, pierced at twelve o'clock and countermarked on obverse and reverse over the hole with crowned Y.II. within circular stamp (De J. cf. 167; KM138.1), flan flaw on edge at seven o'clock, clear countermarks, fine, rare. Subject to 20% VAT on Buyer's Premium. Not applicable to "Buy Now " offerings. For more information please view Terms and Conditions for Buyers.
Provenance
Spink 'Coinex' Sale 175, 28 September 2005, lot 1014
Estimate: £100 - £200