Watch List notes:

Potosi, Bolivia, cob 8 reales, (16)24T, date as "ZIIII" (extremely rare), quadrants of cross transposed. S-P22a; KM-19; CT-461. 27.45 grams. Bold bottom half of IIII of date (much rarer than the 1623), full P+T, full but partially flat shield and (slightly doubled) cross, the latter with new "flattened" lions that began in 1623, VF+ with partially toned fields and edge-crack.

Estimate: $400