Watch List notes:

Potosi, Bolivia, cob 8 reales, 1654E, dot-PH-dot at top. S-P37a; KM-21; CT-438. 27.35 grams. Good full cross-lions-castles and one full pillar (off-center), some doubling, with parts of all three dates, bold king's ordinal IIII, no corrosion, well-toned fields. Recovered from: Capitana, sunk in 1654 off Chanduy, Ecuador

Estimate: $200-300