Watch List notes:

Potosi, Bolivia, cob 4 reales, 1653 E, dot-PH-dot at top. S-P37a; KM-18; Cal-1115. 12.60 grams. Bold full PH above denomination between choice full crowns above full pillars, full but off-center cross with well-detailed castles, attractively toned VF+ with salvaged surfaces (probably from the Capitana of 1654). Pedigreed to the Jorge Ugaz collection.
($250-375)