Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip II, assayer B (3rd period). S-P10; KM-5.1; CT-158. 27.12 grams. Die variety not listed in Sellschopp and Paoletti (new castle but transitional dots instead of commas in legend), lightly toned VF+ with much legend and choice detail on shield side, full cross-lions-castles with slightly weak spots due to concavity of strike.

Estimate: $350-500