Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip II, assayer B (1st period, "Lima style"), rare. S-P3; KM-5.1; CT-140 (under Lima). 27.09 grams. Huge, round flan with fine-dot border on obverse (the defining feature between 1st- and 2nd-period B) and distinctive early lions in the cross but that side with heavier-dot border (hence a transitional piece), with choice full shield and cross-lions-castles (very well defined), also full crown and much legend despite flat spots, XF with toning around details, an impressive and under-rated issue.

Estimate: $700 - 1000