Watch List notes:

Potosi, Bolivia, cob 8 reales, 1649Z, no countermark (rare). S-P34; KM-19a; CT-508. 28.09 grams. Broad, overweight flan with superb full cross (very well centered), excellent but off-center full shield with bold king's name as PHELIPVS, full assayer and denomination, clear date, beautifully toned and somewhat rare as non-salvage, VF.

Estimate: $500 - 750