Watch List notes:

Mexico City, Mexico, cob 8 reales, Philip V, assayer not visible, ex-Rupe Gates. 24.99 grams. Oddly oval flan with round edge and large area of hammering, nearly full shield and cross, very light surface corrosion (actually very solid). Pedigreed to the collection of Fisher associate Rupe Gates, with original hand-signed Fisher certificate. Recovered from: Spanish 1715 Fleet, east coast of Florida

Estimate: $200 - 300