Watch List notes:

Potosi, Bolivia, cob 8 reales Royal, 1691VR. S-P40; KM-R26; CT-329. 26.68 grams. Choice bold strike all over, with full details (legends and inner), minimal doubling, AXF, attractively toned, with usual hole at bottom of cross / pillars (aligned axes). Die-match with Lazaro #229.

Estimate: $3500