Watch List notes:

Potosi, Bolivia, cob 8 reales, 1651 E, crowned-L (Mastalir Lbb) countermark on shield. S-P36; KM-19b; Cal-1491. 24.35 grams. Somewhat thin and underweight from light, localized surface corrosion (unspecified salvage), with bold dot-P-E-dot to left of nice full shield with nearly complete countermark, full but weaker cross with bold final 1 and parts of 165 of date, some brown toning and spots of dark encrustation, VF details. Pedigreed to the Jorge Ugaz collection.
($300-450)