Watch List notes:

Potosi, Bolivia, cob 8 reales, 1653E, ex-Capitana, mounted cross-side out in 14K rose-gold bezel with very large bail. 39.01 grams total. Choice coin with zero corrosion and nice toning, edge-crack, parts of three dates, full but doubled pillars and cross, heavy but simple bezel with massive bail to accommodate a large chain. From the Capitana (1654).

Estimate: $350-500