Watch List notes:

Mexico City, Mexico, cob 8 reales, Philip V, assayer not visible, ex-1715 Fleet. KM-47. 26.48 grams. Small, thick flan with good cross, some shield and crown, clear mintmark, no corrosion, spotty toning. From the 1715 Fleet, pedigreed to our Auction #10, with original lot-tag #438. Auction lot-tag personally signed by John Pullin.

Estimate: $150-225