Watch List notes:

Cuzco, Peru, cob 2 escudos, 1698M, encapsulated NGC MS 62, from the 1715 Fleet (stated inside slab). S-CZ1; KM-28; CT-122. 6.77 grams Full but doubled pillars with clear date nonetheless, bold full cross-lions-castles, traces of luster all over. From the 1715 Fleet. (Estimate: $5000 - 7500)