Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip II, assayer B (5th period), borders of x's. S-P14; KM-5.5. 26.88 grams. Fine for grade (and with old scratches), but very bold due to contrasting toning, the shield and cross full but slightly doubled, with very bold P-B and denomination.

Estimate: $150 - 225