Mexico City, Mexico, cob 8 escudos, Philip V, assayer J, mintmark oXM, style of 1711-12, coral-encrusted as found. S-M30; KM-57.1. 26.83 grams. Full shield and cross (peripheries flat) but both sides nicely coated with white and black encrustation, otherwise AU or better. From the 1715 Fleet. (Estimate: $5000 - 7500)