Watch List notes:

Mexico City, Mexico, cob 8 reales, Philip IV, assayer P, with canvas impression on obverse. 25.10 grams. Oblong flan, somewhat crude but with full shield and cross, bold oM, minimal corrosion, lightly toned, the curious canvas impression quite pronounced. 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 #10, with original lot-tag #330 and original insert-card from the salvagers. Recovered from: Concepcion, sunk in 1641 off Hispaniola

Estimate: $125 - 200