Watch List notes:

Mexico City, Mexico, cob 8 reales, 1681L. S-M21; KM-46; CT-281. 19.48 grams. Very bold oML but weak date on off-center obverse, bold cross, moderate surface corrosion with dark toning in crevices (good contrast). With (generic) certificate from the salvager. Recovered from: Joanna, sunk in 1682 off South Africa (Estimate: $125 - 200)