SPAIN. Copper 8 Reales Fantasy Pattern, ND. Segovia Mint. Philip II. NGC MS-64 Brown.
This was probably produced during the reign of Isabel II at the School of Engravers as a student exercise. See Ponterio sale 181, lot 21390 (Baltimore, November 2013) for a similar pattern 4 Reales dated 1691.
Estimate: $150 - $300