Watch List notes:

Potosi, Bolivia, cob 8 reales, 1656E, PH at top, dot-8-dot above cross, rare. S-P37a; KM-21; CT-440. 27.13 grams. Broad flan with full four-digit date in legend in addition to clear 56 between pillars and 656 below cross, three assayers, choice full pillars-and-waves with tiny PH and full crown above denomination and cross-lions-castles, in fact rather Royal-like but not a match with any Lazaro dies, attractively toned VF.
($600-900)