Watch List notes:

Philippines (under Spain), 1 peso, Isabel II, crowned-Y.II countermark (1837) on volcano side of a Santiago, Chile, "volcano" peso, 1834IJ, NGC XF details / graffiti, c/s XF strong.Cal-668; KM-108.Bold full countermark, well-struck host (just a few die-cracks in INDEPENDIENTE) with deep and rich toning that tends to characterize this type, minor old marks including a very light X scratch on protrusion on opposite side where countermark was impressed, scarce and popular issue.
($1250-2000)