Watch List notes:

Potosi, Bolivia, cob 8 reales Royal (galano), 1676E, with Guatemala sun-over-mountains countermark (Type II, 1839) on cross. S-P37b; KM-R26; CT-312. 25.85 grams. Broad flan with full legends, choice inner details except that the cross is doubled, beautifully toned AXF with crude hole at top of pillars, die-match with Lazaro #196 (rated R3), very crude countermark (deep but with very weak details).

Estimate: $3500-5000