Watch List notes:

Mexico, Spanish Empire. Philip IV (AD 1621-1665) AR Cob 8 Reales. Mexico City, 1654 Mo P. PHILLIPVS•IIII•DEI•G•1654•, crowned shied; MOP in left field, [8 in right field] / HISPANIARVM ET INDIARVM REX, arms of Castile and Leon, divided by a Jerusalem cross, within octolobe. KM 45. 25.26g, 42mm, 10h.

Very Fine. Clear date, mintmark and assayer's initial. Rare.