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. 16.81 grams. Bold full shield with clear mintmark and king's ordinal IIII, nearly full cross, all nicely toned but also heavily pitted all over and therefore Grade-3 quality even though certificate says Grade 1. With Fisher photo-certificate #80M-4859-2. Recovered from: Santa Margarita, sunk in 1622 west of Key West, Florida
($600-900)