Watch List notes:

Mexico City, Mexico, cob 2 reales, Philip III, assayer not visible, Grade 1, ex-Atocha (1622), mounted cross-side out in 14K gold bezel with shackle bail. 9.52 grams total. Bold but off-center and partially corroded cross and shield, the jagged edge of the coin exaggerated by the wide and flat contour mounting. From the Atocha (1622), with Fisher tag and certificate 85A-217128.
($1250-2000)