Watch List notes:

Encrusted clump of three Spanish colonial bust 8 reales (probably Mexico or Guatemala, Charles IV). 107.51 grams total. Fallen stack of coins with top and bottom coins only partially exposed, with top of Charles IV head showing on one and lustrous reverse partially exposed on the other, the rest completely cocooned in orangish-white sandy encrustation with small piece of rusty iron at one end, an attractive display to be sure. "Guatemala wreck," sunk ca. 1807 in the northern Caribbean

Estimate: $300-450