Watch List notes:

Mexico City, Mexico, cob 8 reales, Philip III, assayer F, Grade 2. 25.82 grams. Solid flan with much variation in thickness, technically full shield and cross despite flatness (also doubled), bold full assayer, only light and localized corrosion (mostly near edge). With Fisher tag and photo-certificate #1731. Recovered from: Santa Margarita, sunk in 1622 west of Key West, Florida
($400-600)