Potosi, Bolivia, cob 8 reales, Philip IV, assayer P (mid-1620s), quadrants of cross transposed, ex-Panama hoard (ca. 1629), mounted cross-side out in heavy silver bezel with 14K gold prongs and shackle bail. 37.83 grams total. Oval shape with bold full cross-lions-castles and good full shield, traces of clay in crevices, very thick bezel. From the ca.-1629 "Panama Hoard," with photo-certificate.
($250-375)