Watch List notes:

Lima, Peru, bust 8 reales, Ferdinand VII transitional (large "imaginary" bust), 1809 JP, king's name as FERDIN, NGC AU 58. KM-106.2; Cal-1239. Bright, silver-white surfaces with light rub on the high points to denote the grade, only one finer in MS 62 on the NGC census.

Estimate: $150 - $225