Watch List notes:

Potosi, Bolivia, cob 2 reales, Philip III, assayer Q, Grade 1. S-P17; KM-8; CT-353. 5.50 grams. Good full cross (doubled) and shield, clear P-Q, crude edge due to localized corrosion, nicely toned. With Fisher photo-certificate #5731. Recovered from: Santa Margarita, sunk in 1622 west of Key West, Florida

Estimate: $400 - 600