Watch List notes:

Lima, Peru, cob 8 escudos, 1711M, from the 1715 Fleet. S-L28; KM-38.2; CT-22. 26.92 grams. Choice strike, well centered, with bold full pillars-and-waves and cross-lions-castles on a 100% round flan, clearly UNC (>62) but with a couple very minor rubs on edge as from being previously mounted. From the 1715 Fleet.

Estimate: $12500-20000