Watch List notes:

Potosi, Bolivia, cob 8 reales, 1654E, •PH• at top. 18.56 grams. Thin and worn from corrosion but with two clear dates and other good details. Pedigreed to the Thomas Gray collection and formerly displayed at the ANA Money Museum's "Treasures of the Deep" exhibit (2014-15), with photo-certificate. Recovered from: Capitana, sunk in 1654 off Chanduy, Ecuador

Estimate: $150 - 225