Mexico
Republic Cap & Ray 8 Reales 1825 Zs-AZ MS63 NGC, Zacatecas mint, KM-377.13, DP-Zs01. The first year of Zacatecas mint production and only one of two years (1825-26) with the large star before the "8R." Fully lustrous beneath light gold and russet toning, with a touch of soft strike in the central areas. This is a conditionally rare issue, very rare in Mint State, and this is the single finest example certified by either NGC or PCGS.
Estimate: 1250-1750 USD