Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip II, assayer C under erasure, very rare. S-P5, KM-5.1; CT-160. 26.70 grams. Typically broad flan with full crown and nearly full legend, very clear C and erasure, in which you can barely make out what is believed to be B/S/X (basically a B made from superimposed S and X punches), full but partially weak cross and shield, Fine with minor corrosion at very edge as from unspecified salvage (possibly Atocha), a celebrated rarity that was once attributed (by Sellschopp) to La Plata in error. Pedigreed to our Auction #6, with original lot-tag #880, and to our Auction #15, with original lot-tag #887. (Estimate: $2000 - 3000)