Watch List notes:

Mexico City, Mexico, cob 8 reales, Philip III, assayer D, Grade 1, very low serial number (second coin to be certified). S-M18; KM-44.3. 25.40 grams. Crude but solid flan with good full cross and shield, bold denomination 8, peripherally flat and uneven with edge-split, nicely toned, minimal surface corrosion, should be highly desirable as the second coin of thousands to be certified from this wreck. With original Fisher photo-certificate #2. Recovered from: Santa Margarita, sunk in 1622 west of Key West, Florida

Estimate: $600