Watch List notes:

Potosi, Bolivia, cob 8 reales, 1652E post-transitional, 1-PH-6 at top. S-P37a; KM-21; CT-434. 19.81 grams. Well detailed but with light corrosion, much legend (including bold king's ordinal IIII), full but slightly doubled inner details, nicely toned. Recovered from: Capitana, sunk in 1654 off Chanduy, Ecuador

Estimate: $150-225