Watch List notes:

Mexico City, Mexico, cob 8 reales, Philip IV or Charles II, assayer G, rare provenance. 24.46 grams. Thick and solid, with bold cross and oMG, most of shield, but with lots of flatness and a touch of corrosion, small spot of encrustation on edge, no toning. Pedigreed to our Auction #14, with original lot-tag #469, and to our Auction #7, with original lot-tag #323. Recovered from: Spanish 1681 Fleet off Panama

Estimate: $150 - 225