Watch List notes:

Mexico City, Mexico, cob 8 reales, Philip V, assayer not visible, ex-Posada Inn. KM-47. 24.69 grams. Solid coin but with surface corrosion combined with weak strike to make for only faintly visible shield and cross (and peripheries flat), just a few spots of color, the main attraction being the provenance, relating to an early period when Mel based his operations out of a hotel and paid for the rooms with found treasure. Pedigreed to the La Posada Inn, where Mel Fisher based his office in the 1960s, with letter from the owner of the Inn. Spanish 1715 Fleet, east coast of Florida

Estimate: $150-300