Watch List notes:

Mexico City, Mexico, cob 8 reales, 1654 P. S-M19; KM-45; Cal-1358. 24.07 grams. Typical narrow barrel shape (with natural lacuna at bottom on shield side), with full but somewhat weak shield and cross and crown, full oMP and 4 of date, light corrosion around edge only, toned all over. From: Maravillas, sunk in 1656 off Grand Bahama Island
($300-450)