Watch List notes:

Mexico City, Mexico, cob 8 reales, (17)25(D), (Louis I), very rare. S-M23; KM-49; CT-18. 26.54 grams. Full 2 and clear 5 of date (attributable to Louis I), most of shield and cross but peripherally flat, minimal surface corrosion, hairline edge-split, light toning and area of darker "horn silver" on cross side. With original but generic certificate from the salvagers. Rooswijk, sunk in 1739 southeast of England

Estimate: $350-500