Watch List notes:

Mexico City, Mexico, cob 8 reales, Philip IV, assayer not visible (P). KM-45. 24.87 grams. Bold full cross, most of shield, flat peripheries and light surface corrosion. With Marex tag #91-8R-1864. Maravillas, sunk in 1656 off Grand Bahama Island

Estimate: $175-250