Watch List notes:

Philippines (under Spain), 1 peso, Isabel II, crowned-Y.II countermark (1837) on a Guanajuato, Mexico, cap-and-rays 8 reales, 1834PJ, NGC XF details / chopmarked, c/s AU standard.Cal-668; KM-128.Bold strike (both the host and the countermark) with light, contrasting toning, trace of luster, rare and fascinating combination with chopmark from circulation in Asia under right wing, a virtual road map of this coin's travels from Mexico to China to the Philippines.
($300-450)