Watch List notes:

Potosi, Bolivia, cob 8 reales, (1649)O, with crowned-L countermark on cross. S-P35; KM-19b; CT-506. 23.19 grams. Very choice full countermark on full cross, also full crown above flat and doubled shield with bold full P-dot-O to left and dot-8-dot to right (the 8 made from two o's with slight separation), minor corrosive wear, toned on fields, two edge-cracks. Pedigreed to our Auction #12, with original lot-tag #476 (cut down). Recovered from: Capitana, sunk in 1654 off Chanduy, Ecuador
($250-375)