Watch List notes:

Spanish colonial bust 8 reales (mint uncertain), Charles IV, 1806, with original 1854 letter from time of salvage. 24.03 grams. Fine details, very darkly encrusted and slightly bent, also parts of the rims dinged, but unique and interesting for its provenance. With small, original, handwritten letter from 1854 that reads: "This silver dollar was on board of a French navy ship and there was a large amount of silver dollars, and the ship was blown up and sunk and a company was found down in M. and fitted up a vessel and made out on the French coast and found where the wreck laid and got a large number of dollars that had layed there for years, and they were [dried?] off and in 1854 they brought up a lot of them to Porttucal [Portugal] to us to be made into silver spoons, forks, & [illegible]. And this is one of them the action of the salt water on them took any [illegible]. Thomas Pearson." Recovered from: Unspecified French Naval shipwreck off France, ca. 1806 ($200-400)