Watch List notes:

Mexico City, Mexico, cob 4 reales, Philip III, assayer not visible, Grade 2, ex-Atocha (1622), mounted cross-side out in silver bezel with 14K gold prongs and shackle bail, pirate-face and galleon embellishments. 24.43 grams total. Perfectly round (the coin probably rounded on edge) with good full cross but flat periphery, the galleon completely covering the back. From the Atocha (1622), with Fisher tag and certificate 85A-125860.
($800-1200)