Watch List notes:

Lima, Peru, cob 8 escudos, 1725 M, Louis I, king's name visible (rare), NGC AU 55. S-L28a; KM-40; Cal-62. 26.87 grams. Broad and perfectly round flan with well-centered full cross and pillars, lightly toned fields, clear bottoms of LVDO(VIC)VS I in legend, tied with one other for second finest in NGC census behind a single MS 61. Pedigreed to the Fernandina collection (stated on label).
($7000-14000)