Watch List notes:

Lima, Peru, cob 2 escudos, 1710H, from the 1715 Fleet, mounted in 18K gold pendant-bezel with 35 diamonds. S-L25a; KM-36; CT-304. 18.46 grams total. The coin lustrous and Mint State but with slightly uneven strike, mounted pillars-side out in one of the most impressively diamond-encrusted bezels we have ever seen (even the bail at top has four diamonds), a flashy jewel indeed! From the 1715 Fleet.

Estimate: $5000 - 10000