Watch List notes:

SPAIN, Castile & León. Fernando V & Isabel I (Los Reyes Católicos - the Catholic royals). 1474-1504. AR 4 Reales (34mm, 13.05 g, 3h). Sevilla mint. Crowned coat-of-arms / Yoke and bundle of six arrows. ME 2814. Near VF, sea salvage with corrosion.

From the B.H. Webb Collection. Reportedly found off of Cuba in 1947.