Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip III, assayer T, Grade 1, ex-Atocha, mounted cross-side out in thick silver bezel with 14K gold prongs and shackle bail. 35.48 grams total. Bold full shield, full but more lightly struck cross, no corrosion, toned all over, probably lightly rounded to fit the nearly round bezel. From the Atocha (1622), with Fisher tag and certificate 85A-219533.
($1250-2000)