Fake: 8 Reales 1769 Carolus III

Hi all. At request in answer by SPENCE on my first post:
While looking around in antique shops in Peru, I recently came across this little gem :-) The first thing that struck me was the weird looking lions on the shield. Then the edge was a dead give away. The shop owner said it is a genuine columnario and his asking price was about $350,- He had a few other spanish colonial coins including two cobs that looked weird to me as well. Didnt bother taking pictures of those. I thanked him for his time.