Watch List notes:

Lima, Peru, cob 8 reales, Philip II, assayer Diego de la Torre, *-8 to left, P-oD to right, Grade 2. S-L4; KM-14; Cal-654. 21.31 grams. Corroded yet solid piece with full cross and mostly complete shield plus some legend detail, some edge loss, original barcode on tag while the certificate appears to be an official replacement from ca. 1990s, unclear as to whether coin came from Atocha (per the number) or Margarita (per the tag and certificate). With Fisher tag and certificate 85A-161344 [sic]. From: Santa Margarita, sunk in 1622 west of Key West, Florida
($500-750)