Watch List notes:

Mexico City, Mexico, cob 8 reales, 1656P, with chopmarks as from circulation in the Orient. S-M19; KM-45; CT-363. 27.62 grams. Full and bold date and mintmark, nearly full and very well-detailed shield and cross, peripheries flat (except for date), XF with light toning in places, tiny chops on reverse. Pedigreed to the Gorny auction of March 1998, lot #3498.

Estimate: $300