Watch List notes:

MEXICO: Charles III, 1759-1788, AR 8 reales, 1783-Mo, KM-106.2, assayer FF, from the Cazador shipwreck, saltwater damage, NGC graded VF details. The Cazador, sunk in 1784 off the coast of New Orleans, was a Spanish brig of war headed from Vera Cruz, Mexico to New Orleans under the direction of Captain Gabriel de Campos y Piñeda. Her cargo of some 450,000 pesos of newly minted silver coins was meant to stabilize the fragile economy in the Spanish possession of Louisiana, which had suffered from the use of French paper currency. Louisiana (Luisiana) was the name of an administrative district of the Viceroyalty of New Spain from 1762 to 1802 that represented territory west of the Mississippi River basin, plus New Orleans.

Estimate: 100- 150 USD