Watch List notes:

Madrid, Spain, cob 8 reales, Philip III, assayer O-G below mintmark MD to left (1620), very rare. CT-82; KM-28.5. 27.47 grams. Bold full assayer to left of full but doubled shield below well-detailed crown, choice full cross-lions-castles, parts of edge slightly crude (flat where date should appear), XF+ with attractive toning around details, notable for the fact that the lions and overall style match the early Colombian issues of 1621-22. Pedigreed to the Cayon auction of July 2016, with original lot-tag and card #586.

Estimate: $250-375