Watch List notes:

USA, Philadelphia, Pennsylvania, FLANAGAN'S / PUNCH / 112. N. 6TH ST merchant countermark on a Lima, Peru, bust 2 reales, Charles IV, 1806 JP, ex-Ormer, ex-Partrick. Brunk-F241; Rulau-PA165A. 6.57 grams; 27 mm. From 1835 to 1860, Robert Flanagan operated the Lyon's Hotel at 112 North Sixth Street (in 1858 and onward, 159 N. 6th St.) in Philadelphia, PA; Flanagan's Punch was the house drink at the bar called Vulcan Hall. Holed darkly toned VG host with very bold XF countermark (struck at the 1830s or 1840s) apparently struck with care as the reverse host coin design shows almost no distortion, quite a popular countermark design with a punch bowl and spoon displayed prominently. Pedigreed to the Van Ormer Collection and subsequent Bowers and Merena sale of September 1985, lot 2648, and to the Donald G. Partrick Collection with his tag.
($150-225)