Watch List notes:

Mexico, Spanish Colonial. Philip V AR 8 Reales. Ciudad de México (Mexico City) mint, 1740-Mo MF. • HISPAN • ET IND • REX ✥ PHILIP • V • D • G, crowned coat-of-arms; assayer's initials and value across fields / ✥ VTRAQUE VNUM ✥, crowned hemispheres between crowned pillars ornamented with banners, all set on waves; date below flanked by mintmarks. KM 103; AC Type 173.

NGC graded UNC Details. Chopmark Repair, cleaned. (#6320873-001).

From the inventory of a UK dealer.