Watch List notes:

Seville, Spain, cob 8 reales, (16)22, assayer not visible (D), Grade-2 quality but Grade 4 on certificate, rare. CT-594; KM-39.6. 21.15 grams. Excellent full cross with deeply toned fields for contrast, clear date at top, nearly full but lightly corroded shield, flat peripheries, popular as dated the same year as the sinking. With original Fisher photo-certificate #2465. Recovered from: Santa Margarita, sunk in 1622 west of Key West, Florida

Estimate: $250