Watch List notes:

Mexico City, Mexico, cob 8 reales, 1725/4 D, (Louis I), very rare. S-M23; KM-unl; Cal-42. 26.80 grams. Full but weakly struck cross and shield with clear oMD and nearly full date with weak final digit bearing a mid-horizontal component indicative of 5/4 (only the second example we have seen), Fine details due to flatness but with one small spot of corrosion (probably salvaged from the Rooswijk of 1739), nicely toned, no part of king's name or ordinal visible but attributed to Louis I by date.
($300-450)