Watch List notes:

Oval silver ingot, 1637 grams, marked with oP monogram and fineness VII-V-I, from the Capitana (1654). 7" x 3" x 3/4". This bar is reminiscent of a few oval-shaped contraband bars known from this wreck except that it is slightly larger and has bold markings (which generally indicate official channels), consisting of a diamond-topped P or PT monogram (very similar to the marking of P. Quintero on Atocha ingots, or possibly a crude Potosi monogram) and a fineness in dineros-granos-milesimos (7 dineros, 5 granos, 1 milesimo, equating to about 60% fine if our math is correct), a unique and very interesting ingot from this popular wreck. From the Capitana (1654), with original certificate from the salvagers.

Estimate: $1250