Watch List notes:

Potosi, Bolivia, cob 8 reales, (16)49Z, with crowned-L countermark on cross. S-P34; KM-19a; Cal-1485. 16.80 grams. Somewhat corroded but with bold full assayer Z and countermark, also clear date, full cross and shield (the latter a bit flat), toned in crevices, much scarcer than the usual assayer-O or -E issues. Recovered from: Capitana, sunk in 1654 off Chanduy, Ecuador
($350-$500)