Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip III, assayer R (curved leg), Grade 2. S-P15; KM-10; CT-126. 25.92 grams. Choice specimen with practically no corrosion (should be Grade 1, in our opinion), full cross and shield (the latter slightly off-center), bold assayer, nicely toned. With Fisher tag and photo-certificate #8321. Recovered from: Santa Margarita, sunk in 1622 west of Key West, Florida
($400-600)