Watch List notes:

MEXICO, Colonial. Felipe III. King of Spain, 1598-1621. AR 8 Reales (37mm, 27.27 g, 8h). Macuquina (Cob) issue. Ciudad de México (Mexico City) mint; Francisco de Morales, assayer. Struck 1598-1603. Crowned coat-of-arms / Arms within polylobe. Menzel Mx-220; ME 4837. Near VF, toned.