Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip III, upper half of shield transposed, assayer T, Grade 1, mounted in 14K pendant-bezel. S-P21; KM-10. 33.54 grams total. Choice full cross (slightly doubled at top left), full but lightly corroded shield, nicely oriented on the same axis (coin alignment, meaning the shield is upside-down in the mounting), with nicely contrasting toning in crevices, extra-wide shackle bale for wearing on thick chain. With Fisher tag and Sinclair photo-certificate #85A-212925, pedigreed to our Auction #11, with original lot-tag #248. Recovered from: Atocha, sunk in 1622 west of Key West, Florida (Estimate: $700 - 1000)