Watch List notes:

Mexico City, Mexico, cob 8 reales, 1714J, new style, ex-Real Eight Co. S-M22; KM-47; CT-743. 26.10 grams. Superb full shield (small and fine) and cross, clear date, full oMJ, solid flan with no corrosion and nice toning but three edge-splits. With Real Eight Co. stock certificate (200 shares) from 1976. Recovered from: Spanish 1715 Fleet, east coast of Florida

Estimate: $700