Watch List notes:

Seville, Spain, cob 4 reales, Philip III, assayer V, Grade 2. Cal-Type 292; KM-36.2. 11.39 grams. Round flan with choice full shield and cross despite light surface corrosion, nicely toned, with clear S-V to left. With Fisher photo-certificate 85A-237105 (tag missing). From: Atocha, sunk in 1622 west of Key West, Florida
($700-1000)