Watch List notes:

Potosi, Bolivia, cob 8 reales, 1727Y, Louis I, rare, with Guatemala sun-over-mountains countermark (Type II, 1839) on cross.S-P43b; KM-35; Cal-50.25.54 grams.Only VG (lightly toned) and holed near edge but with two full dates, three mintmarks and assayers and--most important--with full LVIS visible in legend, the VF countermark deep and fully detailed (including die-crack).
($500-750)