Watch List notes:

† Spain, Philip V, 8 escudos, 1712SM, crowned Bourbon coat of arms, rev. cross in quatrefoil with mintmark, assayer's initial and 8s in angles (KM.260; Fr.247), certified and graded by PCGS as About Uncirculated 53, struck on a broad flan and unusually well centred and preserved, very rare
An excellent and particularly well-struck example of this early 8 escudos. We can locate few pieces at auction of remotely similar quality. An opportunity for the aware specialist. (£4000-5000)