Watch List notes:

Lima, Peru, cob 8 escudos, 1711M, ex-1715 Fleet. S-L28; KM-38.2; CT-22. 26.93 grams. Full and well-centered pillars and cross, no doubling, nice AU for grade with hint of luster, traces of rubs on edge. From the 1715 Fleet, and pedigreed to the Stack's Bowers and Ponterio auction of August 2013, with original lot-tag #13029.

Estimate: $7000-10000