Watch List notes:

Lima, Peru, cob 8 escudos, 1702H, rare, from the 1715 Fleet. S-L25a; KM-38.1; CT-12. 26.99 grams. Choice cross side with nearly full legends, the pillars side slightly doubled but lustrous and also with much legend and full crown, Mint State with small spots of dark encrustation (as found). From the 1715 Fleet, pedigreed to our Auction #16, lot #26.

Estimate: $10000