Watch List notes:

Encrusted clump of two Lima, Peru, bust 8 reales, Charles IV, assayer IJ (probably both dated 1800). KM-97. 55.04 grams total. Just two coins fused together, but both quite solid, one with cleaned reverse (AU details) and the other fully coated in gray encrustation. Recovered from: Santa Leocadia, sunk in 1800 off Punta Santa Elena, Ecuador
(150 - 225 USD)