Watch List notes:

Mexico City, Mexico, cob 8 reales, Philip II or III, assayer not visible but style of F-oD with denomination 8 to left, rare. 18.02 grams. Traces of shield and cross despite moderate corrosion all over (some heavy pits), but also with clear denomination 8 to left. Pedigreed to the David Horner collection. Recovered from: San Martin, sunk in 1618 off the east coast of Florida

Estimate: $125 - 200