Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip II, assayer C below erasure, very rare. S-P5; KM-5.1; CT-136 (under La Plata). 27.03 grams. Choice full shield with bold P-erasure-C and denomination o-VIII, choice full cross-lions-castles and tressure, broad flan with room for legend but mostly flat in the peripheries, beautifully toned VF, a traditional rarity that was claimed by Sellschopp to be struck in La Plata (an error that still persists in lesser catalogs today). Note: This coin shows very clearly that the erasure between the assayer and the mintmark was at least partially a B.

Estimate: $3000 - 6000