Watch List notes:

Lima, Peru, cob 8 escudos, 1725M, Louis I. S-L28a; KM-40; CT-1. 26.86 grams. Slightly oblong flan with bold full pillars and (double-struck) cross, partial LVDO(VICU)S I in legend (rare thus), AU- with toning around details. NGC #4743793-001.

Estimate: $5000-7500