Philippines (under Spain), 8 reales, Isabel II, crowned "Y.II" countermark (Type VI, 1834-37) on a Mexico City, Mexico, cap-and-rays 8 reales, 1834 ML, NGC AU details / cleaned, c/s AU strong. KM-unl; Cal-668. Bold full countermark and host details, all richly toned over muted luster, this host-type very scarce and in fact unlisted in KM.
Estimate: $800 - $1200