Watch List notes:

Lima, Peru, cob 8 escudos, 1711M, NGC MS 63, ex-1715 Fleet (designated on special label). S-L28; KM-38.2; CT-22. 27.08 grams. Compact and perfectly round flan with bold full pillars-and-waves and choice full cross-lions-castles (the latter slightly off-center), light red sediment and/or toning in crevices, tied with two others for finest known in NGC census. From the 1715 Fleet. NGC #4743010-001.

Estimate: $15000-22500