Watch List notes:

BRAZIL, Empire. Pedro I. 1822-1831. AR 960 Réis (42mm, 26.75 g, 12h). Bahia mint. Dated 1825 B. Denomination within wreath / Crowned coat-of-arms within wreath. KM 368.2. Toned. EF. Overstruck on a Spanish-American 8 Reales.