Watch List notes:

Potosi, Bolivia, cob 2 reales, Philip III, assayer M, Grade 2, ex-Atocha (1622), mounted cross-side out in 14K gold bezel with shackle bail. 11.31 grams. Broad, non-round flan with no corrosion, full cross and shield, toned in crevices, mounted in wide, square-sided bold bezel. From the Atocha (1622), with Fisher certificate 127000 (tag missing).
($1000-1500)