Watch List notes:

BRAZIL, Empire. Pedro I. 1822-1831. AR 960 Réis (41mm, 26.64 g, 11h). Rio de Janiero mint. Dated 1826 R. Denomination within wreath / Crowned coat-of-arms within wreath. KM 368.1. Toned, hints of luster, a few faint scratches. Good VF. Overstruck on a Spanish-American 8 Reales.