Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip III, assayer Q, Grade 1. S-P17; KM-10; CT-124. 24.69 grams. Large flan with very bold details due to contrasting toning, full shield and cross and P-Q, light corrosion on edge only. With original Fisher photo-certificate #3380. Recovered from: Santa Margarita, sunk in 1622 west of Key West, Florida

Estimate: $400