Watch List notes:

Cartagena, Colombia, cob 8 reales, Philip IV, assayer A to right, mintmark RN to left, no pomegranate under escutcheon (1621-22), rare, Grade 1. Restrepo-M41.1; S-C2; KM-3.2; CT-251. 19.29 grams. Very choice full shield with bold mintmark, assayer and king's ordinal IIII (also attractively toned) but cross side heavily pitted, unusual example of how just one side can be protected from the elements. With Fisher photo-certificate #80M-1034-4. Recovered from: Santa Margarita, sunk in 1622 west of Key West, Florida
($1000-1500)