Watch List notes:

Potosi, Bolivia, cob 8 reales, 1654E, •PH• at top, ex-Ponterio. S-P37a; KM-21; CT-438. 24.93 grams. Choice, broad-flan specimen with three full dates (rare thus), bold PH, one nice pillar and full waves (off-center), good full cross-lions-castles, light surface corrosion, nicely toned. Pedigreed to the Ponterio "La Capitana" auction of April 1999, with original lot-tag #420, and to our Auction #14, with original lot-tag #443, with generic certificate from the salvagers. Recovered from: Capitana, sunk in 1654 off Chanduy, Ecuador ($400-600)