Watch List notes:

Lima, Peru, cob 8 escudos, 1725M, Louis I, rare. S-L28a; KM-40; CT-1. 26.99 grams. Oblong flan with full but doubled cross and pillars, date a bit weak but with the all-important LVDO(VICV)S I clearly visible, XF+ with toning around details.
($4000-6000)