Watch List notes:

Potosi, Bolivia, cob 8 reales, 1654E, •PH• at top. S-P37a; KM-21; CT-438. 23.07 grams. Bold full pillars-and-waves with prominent •PH•, full but doubled cross, light surface corrosion, toned. Note: This lot is actually from the Capitana (1654), not the Maravillas (1656). Recovered from: Maravillas, sunk in 1656 off Grand Bahama Island ($250-375)