Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip IV, assayer P (ca. 1622), transposed lions and castles in cross AND shield, and upper half of shield transposed. S-P22; KM-19. 26.89 grams. Odd-shaped flan, good full shield, crude cross, lightly toned Fine, desirable as a scarce example of a "triple transposition" error.

Estimate: $175 - 250