Watch List notes:

PHILIPPINES (under Spain), 8 reales, Ferdinand VII, crowned-F.7o countermark (Type V, 1832-34) on a Zacatecas, Mexico, cap-and-rays 8 reales, 1831 OV, NGC XF details / rev scratched, c/s AU standard. KM-74; Cal-1305. Full but lightly impressed countermark on Liberty cap, making eagle's breast on other side flat (and, unfortunately, scratched), lightly toned all over, scarce host more normally seen with the Isabel II countermark.

Estimate: $1000 - $1500