Watch List notes:

Lima, Peru, cob 8 reales, 1659V, assayer to left, denomination to right (Series IA), encapsulated NGC XF 40. S-L5; KM-18.1; CT-262. Full LIMA above full date 1659, the last digit of which appears to be possibly punched over an erased 8 (could the dies have been originally made in 1658?), with full dot-V-dot to left and king's ordinal IIII in legend despite flatness and typical doubling, the cross full but with peripheral flatness, lightly toned, rare as non-salvage. (Estimate: $2000 - 3000)