Watch List notes:

Mexico City, Mexico, cob 1 escudo, (1711-13)(J), from the 1715 Fleet, mounted cross-side up in 14K gold ring (size 9). S-M29a; KM-51.1. 15.59 grams total. Nice full cross (slightly off-center), XF+ with light toning, the reverse completely covered by the mounting (simple but solid).

Estimate: $1250