Watch List notes:

Potosi, Bolivia, cob 8 reales Royal (galano), 1692VR. S-P40; KM-R26; CT-330. 26.40 grams. Typically thicker and smaller in diameter than earlier Royals, this specimen with bold full details and contrasting toning, AVF with old scratches, holed at top of pillars side, die-match with Lazaro #230 (rated R3).

Estimate: $3000-4500