Watch List notes:

Lima, Peru, cob 8 escudos, 1716M, from the Loosdrecht (1719). S-L28; KM-38.2; CT-28. 26.97 grams. Broad flan with much legend (well centered), Mint State details but with black encrustation on cross side, curious one-year type with rows of dots instead of horizontal lines, tops of pillars well detailed and the cross full and nice. Pedigreed to the Thomas Gray collection and formerly displayed at the ANA Money Museum's "Treasures of the Deep" exhibit (2014-15), with photo-certificate.

Estimate: $6000 - 9000