Watch List notes:

Potosi, Bolivia, cob 2 reales, 1656E, PH at top. S-P37a; KM-16; CT-900. 6.80 grams. Broad flan, totally uncorroded, with good full pillars and cross, nice crown and bold PHILIP, much peripheral flatness, toned as usual. Pedigreed to our Auction #11, with original lot-tag #587, and to our Auction #5, with original lot-tag #589. Recovered from: Piedmont, sunk in 1795 off Cornwall, England

Estimate: $150 - 225