Watch List notes:

Potosi, Bolivia, cob 2 reales, 1654E, PH at top. S-P37a; KM-16; CT-899. 4.29 grams. Two dates and mintmarks, three assayers, one full pillar and full PH, nearly full cross, thin from corrosion, nicely toned. Recovered from: Consolacion, sunk in 1681 off Isla Santa Clara, Ecuador

Estimate: $150