Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip III, assayer R (curved leg), ex-Karon. 27.23 grams. Relatively small, thick flan with choice full shield and bold P-R, full cross-and-tressure, beautifully toned XF. Pedigreed to the Paul Karon collection (Ponterio auction of March 1990), lot #29.

Estimate: $200 - 300