Watch List notes:

Potosi, Bolivia, cob 8 reales, 1654E, dot-PH-dot at top. S-P37a; KM-21; CT-438. 15.57 grams. Thin and worn from corrosion (odd shape) but with full waves and one bold full pillar, decent full cross, two dates, toned in crevices. Capitana, sunk in 1654 off Chanduy, Ecuador

Estimate: $175-250