Watch List notes:

Mexico City, Mexico, cob 8 reales, Philip III, assayer not visible, Grade 3. 25.11 grams. Roundish flan with minimal corrosion (should be Grade 2 in our opinion) but much flatness, the shield nearly full nonetheless and with one nice castle on cross side, clear mintmark and king's ordinal III, also partial date, nicely toned. With Fisher tag and certificate #134944. Recovered from: Atocha, sunk in 1622 west of Key West, Florida
($300-450)