Watch List notes:

Santiago, Chile, gold bust 8 escudos, Ferdinand VI, 1751J, encapsulated NGC MS 63 / La Luz. CT-72; KM-3. Strong luster and nearly full details (very slight central weakness), faint hairlines in obverse fields, minor lamination and bagmarks on reverse, overall rather flashy and choice. Recovered from: Luz, sunk in 1752 off Montevideo, Uruguay
($3500-5000)