Watch List notes:

Lima, Peru, cob 8 escudos, 1711M, encapsulated NGC MS 61, from the 1715 Fleet (as stated inside the slab). S-L28; KM-38.2; CT-22. 26.89 grams. Broad flan with much bold legend (full king's name, full REXAN without final O), nice full cross-lions-castles, bold but slightly doubled full pillars-and-waves, Mint State with very light sediment on fields. From the 1715 Fleet and pedigreed to the David Horner collection.

Estimate: $8000 - 12000