Watch List notes:

Brazil, João VI, as King (1818-1822), 960-Reis, 1819 R, Rio de Janeiro, counterstamped over a Ferdinand VII, 8-Reales of Mexico City, raised security edge, 26.59g, 12h (Gomes 25.06; LDMB P477; KM 326.1), many traces of host coin extant under proudly struck and residually lustrous fields, richly cabinet toned, a most pleasing extremely fine.

Estimate: $300 - $400