Watch List notes:

Potosi, Bolivia, cob 8 reales, (16)51E, with arms countermark on cross. S-P36; KM-19b; CT-511. 23.19 grams. Choice full cross with clear partial countermark at edge, full but off-center shield with full (PHIL)IPPVS IIII in legend, minimal surface corrosion, edge-split, nice toning. With certificate from the salvagers. Recovered from: Capitana, sunk in 1654 off Chanduy, Ecuador
(300 - 450 USD)