Watch List notes:

Mexico City, Mexico, cob 8 reales, Philip V, assayer not visible, encrusted as uncleaned, ex-Treasure Salvors. KM-47. 26.52 grams. Darkly oxidized but with most of surface covered with sandy gray encrustation (kind of puffy), desirable certificate. With original Treasure Salvors certificate (small) hand-signed by Mel Fisher. Spanish 1715 Fleet, east coast of Florida

Estimate: $100-150