Watch List notes:

Lima, Peru, cob 8 escudos, 1715M, rare. S-L28; KM-38.2; CT-27. 26.96 grams. Small, thick flan with bold central details but not much legend (pillars slightly off-center), XF with deep blood-red toning all over (visually very striking), possibly shipwreck but very doubtfully from the 1715 Fleet.

Estimate: $8000 - 12000