Watch List notes:

Lima, Peru, cob 8 reales, 1748V, encapsulated NGC VF 25. S-L22a; KM-unl (44 for type); CT-298. 27.15 grams. Very small, thick, chunky flan (in double-thick slab) with necessarily crude strike yet remarkably with full date on pillars side and full assayer to right of cross, richly toned all over.
($175-250)