Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip IV, assayer V (1646), rare. S-P32; KM-19a; Cal-1479. 22.86 grams. Rather low in weight (as made, not unusual for this mint-scandal period), with clear P-V to left of good full shield , choice full cross-lions-castles ("furry" lions), attractively toned Fine with edge-split. XRF test results: 93.25% silver, 6.25% copper, traces of lead. Pedigreed to the Jorge Ugaz collection. (Note: The printed catalog says 26.25% copper in error.)
($200-300)