Watch List notes:

Mexico City, Mexico, cob 8 reales, (17)02(L), very rare. S-M21a; KM-47; CT-732. 23.85 grams. Thick and solid, rhomboid-shaped flan, with bold 02 of date (first date of Philip V), some shield and crown and cross but otherwise mostly flat, minimal surface corrosion, light toning. Recovered from: Spanish 1715 Fleet, east coast of Florida

Estimate: $700 - 1000