Watch List notes:

Potosi, Bolivia, cob 8 reales, 1741 P, NGC AU 53, finest known in NGC census. S-P48; KM-31a; Cal-1580. 26.78 grams. Very chunky with rather crude edge (as made), but with very well-defined tops of full pillars and full cross indicative of its choice grade, two dates and assayers, parts of all three mintmarks, light toning and sedimentation. Pedigreed to the Jorge Ugaz collection (stated on label).
($300-450)