Watch List notes:

PHILIPPINES: Fernando VII, 1808-1833, AR 8 reales, Manila (1828), KM-26, type I counterstamp, date worn off but almost certainly 1828, overstruck on Peru 1826-Cuzco (assayer GM, KM-142.2), scarce host for this type, F-VF, S.

Estimate: 1,000-1,500 USD