Watch List notes:

Mexico City, Mexico, cob 4 reales, Philip IV, assayer P, mounted cross-side out in thick silver bezel with 14K gold prongs and shackle bail and pirate-face embellishment.26.44 grams total.Very large for a 4R, with full but mostly weakly struck shield and cross (AVF overall), bold assayer P, king's ordinal IIII, black toning in crevices, thick mounting with cross side oriented as an X. From: Mexico Silver Cobs
($200-300)