Watch List notes:

Southeast Asia, two round chopmarks on reverse of a Mexico City, Mexico, cob 8 reales, Philip V, assayer D. Host: S-M23a; KM-47. 26.69 grams. VF with two countermarks nearly flanking a rather complete cross, interesting assayer D punched over what appears to be an upside-down D (first we have seen, decidedly not a J).

Estimate: $150 - $225