Potosi, Bolivia, cob 8 reales, 1654E, •PH• at top. S-P37a; KM-21; CT-438. 24.54 grams. Good full pillars-and-waves with bold PH, full but off-center cross, corrosion and split on edge. With Marex certificate and tag #0400. Recovered from: Maravillas, sunk in 1656 off Grand Bahama Island ($250-375)