Watch List notes:

Lima, Peru, cob 8 escudos, 1716M, rows of dots, from the Loosdrecht (1719), encapsulated NGC sea salvaged. S-L28; KM-38.2 ;CT-28. 26.8 grams. In one year only--and no one knows why--the Lima mint used rows of dots instead of lines on the pillars side of its gold cobs, and additional dots and teardrops were added in other spaces around the cross, this specimen (Tauler #251) being one of the best examples we have seen, with a rare shipwreck provenance as a bonus, well centered with full pillars-and-waves and cross-lions-castles, partial second date, dark red staining on cross side, XF overall. From the Loosdrecht (1719).

Estimate: $6000 - 9000