Watch List notes:

SPAIN: Felipe V, 1700-1746, AV 8 escudos, 1729-S, KM-346.2, Fr-233, Calicó-195, Cal. Onza-527, Cayon-10010 (incorrectly noted as Cayon-10009 on holder), no assayer's initials, Sevilla Mint, coin has a good appearance despite the details grade, virtually no trace of mounting, possibly unique, NGC graded VF details, removed from jewelry, RRR. This 8 Escudos piece, struck in 1729, was the first year issue of the new series bearing the bust of the king, Philip V. In this year, the legend bore the King's name spelled as PHILP, then, later that same year, it was changed to PHILIP, with very few specimens struck in 1729 with the new legend. No other examples were found in our research searches. No other specimens have been certified by NGC or PCGS. Calicó values this piece at €20,000!

Estimate: 4,000-5,000 USD