Watch List notes:

Mexico City, Mexico, cob 8 reales, Philip IV, assayer not visible (P). KM-45. 25.67 grams. Solid, squarish flan with full but mostly flat shield and cross, toned in crevices, no corrosion. With original tag #72,122 from the salvagers. Concepcion, sunk in 1641 off Hispaniola

Estimate: $125-200