Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip II, assayer B (1st period), "heavy lions" variety, very rare. S-P4; KM-5.1; CT-139 (under Lima). 27.08 grams. Within the confines of 1st-period B (fine, tight-dot borders) is this single issue with anomalous cross-side lions that do not appear on any other issues at any mint. While Sellschopp makes note of these lions as "strong passant lions" (his #155), he neglects to point out their uniqueness and in fact lumps them in with much later issues (3rd period) that have very different elements. The reason for this, we believe, is Sellschopp's insistence that the concept of "Great Module" (broad flan) was characteristic of one certain issue of assayer B (in contradiction to die details). In any case, the present specimen is indeed quite broad (extending past the outside border on the cross side, in fact), with choice full inner details (great for die study) and nearly full crown and legends, VF+ with toning on fields, natural striking depression below assayer.

Estimate: $500-750