Watch List notes:

Mexico City, Mexico, cob 8 reales, Philip IV, assayer P. S-M19; KM-45. 25.97 grams. Full oMP to left of off-center shield, nearly full (well-centered) cross, solid and uncorroded, lightly toned, edge-crack. Concepcion, sunk in 1641 off Hispaniola

Estimate: $150-225