Watch List notes:

Massive, totally encrusted clump of ten (+/-) 8 reales cobs plus rocks and large piece of iron. 1266 grams, roughly 9" x 5" x 3". One of the largest coin clumps we have seen in decades, formed by the oxidation and cocooning of a piece of iron (known to salvagers as an "EO," for Encrusted Object), in this case possibly part of a cannonball and barrel hoop, with obvious protrusions of coins here and there (also completely encrusted) that all seem to be 8 reales by size, all probably solid and uncorroded and possibly even bearing dates or other important details--who knows? Some small shells and rocks are also embedded, and one end of one side is coated with dusty rust. Whether left as a huge and impressive display or carefully conserved to divide into smaller clumps or individual coins, this is a premium piece that is sure to see strong bids. Spanish 1715 Fleet, east coast of Florida

Estimate: $2000-3000