Watch List notes:

Potosi, Bolivia, cob 8 reales, 1654E, dot-PH-dot at top. S-P37a; KM-21; CT-438. 23.49 grams. Broad flan with full pillars-and-waves and cross (also good crown) despite "crispy" texture due to surface corrosion, two dates, three assayers, light spotty toning. Recovered from: Capitana, sunk in 1654 off Chanduy, Ecuador

Estimate: $125 - 200