Watch List notes:

Seville, Spain, cob 8 reales, Philip II, assayer Gothic D at 4 o'clock outside tressure around cross, NGC AU 50 / Santiago (1585). Cal-720. 27.41 grams. Superb specimen with no corrosion at all and high-grade details, typically full cross and shield and much crown and legend including king's ordinal II, lightly toned, truly one of the best-preserved shipwreck silver coins we have ever seen. With original Pat Johnson tag. From: Santiago, sunk in 1585 off Mozambique
($400-600)