Watch List notes:

Potosi, Bolivia, cob 8 reales, 1626P, very rare, quadrants of cross transposed, with Brazilian 480-reis countermark (1643) on cross side. S-P23; KM-19a; CT-465. 25.27 grams. Weak but certain date and assayer (confirmed by stylistic elements), crude full shield and cross with much flatness, most of king's name bold, deeply toned Fine with light surface porosity (possibly salvaged), bold full countermark (VF+). Pedigreed to the Ponterio auction of February 1996, with original lot-tag #566.

Estimate: $500 - 750