Potosi, Bolivia, cob 8 reales, Philip IV, assayer T (1620s), ex-Panama hoard (ca. 1629), mounted cross-side out in thick silver bezel with 14K gold prongs and shackle bail.41.11 grams total.Thick and roundish flan (possibly lightly shaved on edge to fit the thick and sturdy bezel) with good full shield and cross (both slightly doubled, the latter also slightly off-center), VF+ with orange sediment on fields.From: Potosi Silver Cobs
($200-300)