Watch List notes:

Seville, Spain, cob 4 escudos, Philip II, assayer Gothic D with open right side below mintmark S to left, mounted in 18K bezel with shackle bail and ten cabochon emeralds. 21.53 grams total. Broad-flan XF for grade, with choice full cross and shield, bold full mintmark-assayer, sturdy mounting with emeralds on both sides of coin and bail.

Estimate: $2500-3750