Watch List notes:

Chihuahua, Mexico, bust 8 reales, Ferdinand VII, 1820 (RP), struck in 90-degree rotation over earlier cast Chihuahua issue with transitional ("armored" bust), very rare, ex-Trastamara. Cal-1173; KM-111.1. 26.40 grams. Striking in appearance, as the "armored bust" head of the undercoin protrudes from the neck of the overstrike, with old T and crowned-pillars-and-pomegranate countermarks from first issue manifest at top and bottom of new (proper) bust, date and mintmark not visible due to prominence of undercoin crown but with characteristic three pomegranates for fleurs in shield, broad-flan AVF with nice toning. Pedigreed to the Trastamara Collection (Aureo and Calico auction of April 2015, with original lot-tag 642.
($1000-2000)