Watch List notes:

Potosi, Bolivia, cob 8 reales Royal, 1687VR. S-P40; KM-R26; CT-325. 27.22 grams. Full cross side but incomplete legend on the pillars side, AVF with toning over gilt surfaces, holed above cross (which happens to correspond to the first O in POTOSI on the pillars side), die match for Lazaro #221 (R1).

Estimate: $2500 - 3750