Well, this is interesting!

TwoKopeiki

Hmm...

Hmmmm...

Hmmmmmm...

brg5658

Some context would be helpful for those of us who are not specialists in 8Rs...

Hmmm....

TwoKopeiki

@brg5658 said:
Some context would be helpful for those of us who are not specialists in 8Rs...

Hmmm....

Haha, fair. The lines on the epaulette have been re-cut on the die.

Here's what they look like on the standardized King punch used:

vs

Abuelo

Counterfeit?

SimonW

That is interesting. Have you seen others?

JohnnyCache

I've seen something not exactly the same but similar with 1774 2 reales.
Where some have the lines on the epaulette while others don't.
They also show up like this in 1775 but not other years, at least to my knowledge.
By the way both examples shown are 64's
 

TwoKopeiki

@JohnnyCache said:
I've seen something not exactly the same but similar with 1774 2 reales.
Where some have the lines on the epaulette while others don't.
They also show up like this in 1775 but not other years, at least to my knowledge.
By the way both examples shown are 64's
 

That issue plagues most coins in the series as both the strength with which the portrait was punched into the die by the die sinker, as well as the actual coin strike pressure afterwards during the minting process seem to affect the details on the epaulletes.

TwoKopeiki

@Abuelo said:
Counterfeit?

Something like this is a red flag, although not enough to doom that specific coin

TwoKopeiki

@SimonW said:
That is interesting. Have you seen others?

Nope.