Watch List notes:

.PERU, Lima, 8 reales, Philip II, assayer R (Rincón) to left, king's name as PHILPVS, legends HISPA / NIARVM, motto PL-VSVL-TR, very rare, NGC AU details / environmental damage, ex-Ponte. S-L1; KM-13; Cal-651. 25.57 grams. Superb full inner details with nearly full crown and legends on a full and round flan, no doubling, the interiors bold but weaker in peripheries (king's name clear), darkly toned with only a hint of surface porosity, among the finest known of this important unauthorized issue that represents the first "dollar" coin struck in South America. Pedigreed to the Luis R. Ponte Collection (stated on label).. Pedigreed to the Luis R. Ponte Collection (stated on label).

Estimate: $50000 - $100000