Watch List notes:

Potosi, Bolivia, cob 8 reales Royal, 1727Y, Louis I, very rare, encapsulated NGC XF details / holed. S-P43b; KM-R35; CT-22. 26.7 grams. Bold and attractive strike with full inner details and nearly full legends all set off with lovely deep-rainbow toning, slight doubling on pillars side, holed at top of pillars. Die-match with Lazaro #309. Pedigreed to the Cayon auction of December 2006, lot #1457.

Estimate: $7000