Watch List notes:

Potosi, Bolivia, cob 8 reales Royal, 1698F. S-P42; KM-R26; CT-336. 25.21 grams. Nice grade (XF) and strike (full inner details and much legend, minimal doubling), holed at top (axes nearly aligned), possibly lightly shaved long ago. Die-match with Lazaro #237.

Estimate: $2500