Watch List notes:

Potosi, Bolivia, cob 8 reales Royal (galano), 1653E, dot-PH-dot at top, four-digit date. S-P37a; KM-R21; CT-410. 27.15 grams. Perfectly round with choice, evenly struck details, but somewhat thick and therefore not as broad in diameter as others (legends truncated as a result), still identifiable as a match with Lazaro #135 (rated R2) for the cross side only with four-digit date below cross (the pillars side not a match with any of the five different listings in Lazaro), bold VF with attractively contrasting toning on fields, expertly repaired hole outside left arm of cross / below the P of POTOSI.

Estimate: $3500-5000