Watch List notes:

Potosi, Bolivia, cob 8 reales, 1653E, PH at top without dots (rare). S-P37a; KM-21; Cal-unl. 26.06 grams. Bold full pillars with clear date and bold PH at top (notably not dot-PH-dot like most), old mark in center, and choice full cross (slightly doubled) with full second date and king's ordinal IIII, deeply toned, practically no corrosion. Recovered from: Capitana, sunk in 1654 off Chanduy, Ecuador
($300-$450)