Watch List notes:

Spain. 8 Reales, 1597 (Segovia). Dav-8479; Cal-229. Philip II, 1555-1598. Crowned arms with aqueduct at left and VIII at right. Reverse; Cross with castles and lions and angles. Sharply struck with original old toning and underlying luster remaining. PCGS graded AU-58. Estimate Value $3,000 - 3,500