Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip II, assayer L (1st period), very rare, ex-Witte Museum.S-P3; KM-5.1; Cal-670.26.34 grams.Typically broad flan with choice full shield below full crown, much bold legend and assayer L below small mintmark P, the cross also full but crudely doubled and surface-pitted, overall VF with dark, contrasting toning in crevices. Curiously, neither Sellschopp nor Paoletti has this exact variety (deep tressure dimples, D,G versus DEI,GRATIA, no lower crown-loop), as it is indeed quite rare.Pedigreed to the Witte Museum collection (Ponterio auction of August 1989, lot 1288).
($800-1200)