Watch List notes:

Potosi, Bolivia, cob 8 reales, 1653E, •PH• at top. S-P37a; KM-21; CT-437. 26.90 grams. Very solid and uncorroded, with very bold full waves and full pillars and cross (minor doubling on both sides), flatness in peripheries, toned in crevices, hairline edge-split. Recovered from: Capitana, sunk in 1654 off Chanduy, Ecuador ($350-500)