Watch List notes:

Philippines (under Spain), 8 reales, Isabel II, crowned-Y.II countermark (1834-37) on a Lima, Peru, 8 reales, 1828 JM, large Liberty, NGC VF 30, c/s VF standard. Cal-668; KM-138.2. Attractively toned all over, the countermark nearly full, all much nicer than the assigned grade suggests.
($300-450)