Watch List notes:

Potosi, Bolivia, cob 8 reales, 165(1)O, with crowned-T (within border of dots) countermark on cross (very rare). S-P35; KM-19b; CT-510. 24.77 grams. Very bold full countermark, a variety that is listed in Ullian (Type S) as "U-2" (just one or two known), of which this is possibly the best-known specimen, with bold 16 of date, full cross and shield, the latter with full P-O to left and O to right, no corrosion but some flatness, deeply toned fields. Pedigreed to our Auction #12, with original lot-tag #494 and original tag #AA0730 from the salvagers. Recovered from: Capitana, sunk in 1654 off Chanduy, Ecuador
($700-1000)