Watch List notes:

Potosi, Bolivia, cob 8 reales, 1654E, dot-PH-dot at top. S-P37a; KM-21; CT-438. 24.25 grams. Compact flan with minimal legend but choice full inner details on both sides, two dates and assayers and mintmarks, darkly toned but with minimal surface corrosion. Recovered from: Capitana, sunk in 1654 off Chanduy, Ecuador

Estimate: $350-500