Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip III, assayer M, Grade 1, ex-Atocha, mounted cross-side out in 14K gold bezel with shackle bail. 35.26 grams total. Choice full shield and cross (mounted with the latter rotated 90 degrees clockwise), no corrosion and nicely toned. From the Atocha (1622), with Fisher tag and certificate 85A-262164.
($1500-2250)