Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip III, assayer T, quadrants of cross transposed, Grade 1, ex-Atocha, mounted cross-side out in twisted-wire silver bezel with 14K gold prongs and shackle bail. 39.25 grams total. Very bold full cross and shield enhanced by black toning in crevices, 162 of date visible, no corrosion. From the Atocha (1622), with Fisher tag and photo-certificate 85A-185344.
($1250-2000)