Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip II, assayer B (5th period, late style). S-P14. 27.35 grams. Crude style (sometimes seen with king's ordinal III for Philip III, which is rare, but not in this case), but a nice example with bold full shield and cross (also nearly full crown) enhanced by richly contrasting toning, Fine+ for wear.

Estimate: $200 - 300