Watch List notes:

Potosi, Bolivia, cob 4 reales, 1653E, PH at top, rotated denomination 4. S-P37a; KM-18; CT-741. 13.79 grams. Full pillars with bold PH, full but off-center cross, somewhat odd-shaped flan with uneven thickness and crude near edge (as made), lightly toned, no corrosion. Recovered from: Capitana, sunk in 1654 off Chanduy, Ecuador

Estimate: $150