Watch List notes:

Potosi, Bolivia, cob 8 reales, 1653E, dot-PH-dot, ex-Capitana (1654), mounted cross-side out in thick silver bezel with 14K gold prongs and shackle bail and pirate-face embellishment.31.46 grams total.Lightly corroded surfaces but still-solid coin with most of cross and pillars visible, two bold assayers and mintmarks, toned in crevices.From the Capitana (1654).
($250-375)