Mint State Uncirculated Brazil 960 reis silver coin.
Struck at the Rio Mint (mint mark R).
Over-struck on a Spanish Colonial 8 reales silver coin.
Some portions of the undertype coin are visible, for example: shield side 12:00, D * R from IND * REX can be seen. Some other undertype letters can be seen from 3:00 to 4:00.
Certified by PCGS to MS 63, boldly struck with beautifully toned lustrous & reflective surfaces.
Looks nicer than the assigned grade, beautiful in hand.