Watch List notes:

Potosi, Bolivia, cob 4 reales, Philip III, assayer Q, Grade 2, ex-Atocha (1622), mounted cross-side out in 14K gold bezel with pirate-face embellishment and shackle bail. 23.05 grams total. Large piece for the denomination (thick gold bezel) with full cross and full but off-center shield, peripherally flat, minimal corrosion. From the Atocha (1622), with Fisher tag and certificate 117398.
($1000-1500)