Watch List notes:

Lima, Peru, cob 8 reales, Philip II, assayer Diego de la Torre, P-8 (flat top) to left, *-oD to right. 19.63 grams. Clear details all over (in fact one of the best examples from this wreck), including full shield and crown and cross, P-8 and *-oD, and most of the legends, the fields all lightly toned. Pedigreed to the Thomas Gray collection and formerly displayed at the ANA Money Museum's "Treasures of the Deep" exhibit (2014-15), also pedigreed to our Auction #12, with original lot-tag #332 and with Tony Jaggers photo-certificate. Recovered from: San Martin, sunk in 1618 off the east coast of Florida

Estimate: $400 - 600