Watch List notes:

Lima, Peru, cob 8 reales, 1700H, encapsulated NGC VF details / environmental damage. S-L15; KM-24; CT-246. 25.8 grams. Full pillars-and-waves with bold date, bold and nearly full but off-center cross with full assayer to right, deeply toned with contrasting sediment. (Estimate: $300 - 450)