Watch List notes:

Potosi, Bolivia, cob 8 reales, 1654E, dot-PH-dot at top. S-P37a; KM-21; CT-438. 18.96 grams. Worn from corrosion but with full pillars (bold PH) and cross, toned in crevices, two edge-splits. Capitana, sunk in 1654 off Chanduy, Ecuador

Estimate: $175-250