Watch List notes:

Potosi, Bolivia, cob 8 reales, 1652E post-transitional (transitional Type VIII/B), 1-PH-6 at top, two-digit date below cross (very rare variety), ex-McClung. S-P37a; KM-21; CT-434. 20.39 grams. Small, thick flan due to edge corrosion but with very bold full pillars-and-waves and full cross with two-digit date 52 below, a unique variety that was suspected by Mastalir but not confirmed until this coin showed up just before publication of his book (hence its placement in the appendix), toned on fields. Pedigreed to the Roberto Mastalir collection, #VIII.a-B.ba.v(2)1 in his book (page 305), and pedigreed to the Rob McClung collection (our Auction #15, lot #514). Recovered from: Capitana, sunk in 1654 off Chanduy, Ecuador (Estimate: $300 - 450)