Watch List notes:

Potosi, Bolivia, cob 4 reales, Philip IV, assayer T, ex-"Panama hoard" (ca. 1629), mounted cross-side out in heavy sterling silver bezel with silver prongs, 14K gold shackle bail and pirate face embellishment at bottom. 25.58 grams total. Choice full shield, full but off-center cross, low-contrast VF. From the ca.-1629 "Panama hoard."

Estimate: $100-150