Watch List notes:

Mexico City, Mexico, cob 8 reales, (17)08(J), very rare, in 14K gold pendant-bezel. S-M22; KM-47; CT-737. 34.11 grams total. Full 8 of date despite surface corrosion, most of shield and cross despite flatness, small area of dark "horn silver" on reverse, heavy bezel with shackle (moving) bale. Recovered from: Spanish 1715 Fleet, east coast of Florida

Estimate: $800 - 1200