Watch List notes:

Potosi, Bolivia, cob 1 real, 1652E transitional, McLean Type II. S-P37; KM-B13.2; Cal-748. 2.24 grams. Pillars side with F-I-(IIII) at top and E-I-(E) at bottom, shield side with (IAP)5 to left and (I)OE(2) to right, one full pillar and full waves, full shield, all a bit off-center, silvery and corroded as from unspecified salvage. Pedigreed to our Summer Auction #2, with original lot-tag #172.
($50-$75)