Watch List notes:

Seville, Spain, milled 8 escudos, Philip V, 1704P, "8 S 8 P" variety, from the 1715 Fleet (very rare provenance), encapsulated NGC AU details / saltwater damage. CT-162; KM-260. Bold details except for one area near bottom edge (both sides, aligned axis), all the surfaces sandwashed and with traces of white coral in dimples of edge and rim at about 7 o'clock, a very rare departure from the usual type of 8 escudos from the Fleet! From the 1715 Fleet. (Estimate: $3000 - 4500)