Watch List notes:

Potosi, Bolivia, cob 8 reales, (16)27T, rare, ex-"Panama hoard." S-P24; KM-19a; CT-466. 26.49 grams. Very full and clear 7 of date outside bold full cross, full and well-detailed but doubled shield with full •P•T• to left, XF with minor flat spots and orange sediment on fields. From the ca.-1629 "Panama hoard."

Estimate: $250