Watch List notes:

Mexico City, Mexico, cob 8 reales, Philip V, assayer J. S-M22; KM-47. 24.22 grams. Rectangular flan with full and bold oMJ, most of shield and cross, light surface corrosion, tiny (modern) hole at one end. Recovered from: Spanish 1715 Fleet, east coast of Florida

Estimate: $150 - 225