Watch List notes:

Potosi, Bolivia, cob 8 reales, 1654E, •PH• at top, inverted A for V in motto. 21.62 grams. Nice full cross, bold full pillars (well centered), two dates, all three mintmarks and assayers, lightly corroded, nicely toned. Recovered from: Capitana, sunk in 1654 off Chanduy, Ecuador

Estimate: $200 - 300