Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip III, assayer Q/R (curved leg), very rare, Grade 2. S-P17; KM-10; Cal-915. 25.14 grams. Very broad flan with much legend and full inner details despite surface corrosion, bold P-Q/R (only the second one we have offered, so rare that Paoletti had to resort to a 4R to illustrate the over-assayer in his famous book on 8 reales). With Fisher tag and photo-certificate 85A-210181. From: Atocha, sunk in 1622 west of Key West, Florida
($700-1000)