Watch List notes:

Lima, Peru, cob 8 escudos, 1712 M, NGC MS 64, ex-1715 Fleet. S-L28; KM-38.2; Cal-2120. 26.94 grams. Highly lustrous and with choice full pillars-and-waves and cross-lions-castles, the former just slightly off-center enough to push the date in the legend off the flan, overall in an exceptional state of preservation (more than its numeric grade would suggest, in fact), with just two finer in the NGC census, also nicely medal-aligned. From the 1715 Fleet, with original tag from Pat Johnson.
($20000-40000)