Watch List notes:

PERU, Colonial. Carlos III. King of Spain, 1759-1788. AR 8 Reales (40mm, 26.76 g, 12h). Lima mint. Dated 1787 LIMÆ IJ. Laureate, draped, and armored bust right / Crowned coat-of-arms between garlanded Pillars of Hercules. KM 78a. Toned, a few deposits, light scratches. Good VF.

Ex Group SGF (Classical Numismatic Group Electronic Auction 377, 29 June 2016), lot 636.