Watch List notes:

Lima, Peru, cob 8 escudos, 1711M, ex-1715 Fleet, mounted cross-side out in 14K gold bezel with fixed bail. 35.53 grams total. Choice full cross and pillars-and-waves (both off-center), much legend (variety with cross-side legend starting at 6 o'clock), UNC details, in a wide and flat bezel with intentional notches to make it more rustic. From the 1715 Fleet, with photo-certificate.
($8000-12000)