Watch List notes:

Lima, Peru, cob 8 escudos, 1720 M, NGC MS 62, finest known in NGC census. S-L28; KM-38.2; Cal-2132. 26.79 grams. Broad flan (yet minimal legend) with bold full cross-lions-castles and pillars-and-waves (full ornament at top), nice luster (rare for this period) and well struck except for doubling on the last digit of the date, hairline edge-split. Pedigreed to the Fernandina collection (stated on label).
($5000-7500)