Watch List notes:

Lima, Peru, bust 8 reales, Ferdinand VII transitional ("imaginary" bust), 1811JP, long ribbons, NGC MS 62, finest known in NGC census.Cal-1242; KM-106.2.Choice luster with lovely light rainbow toning all over, very little obverse rim (as made), slight central weakness on reverse, the finest of seven for this variety currently in the NGC census.
($500-750)