Watch List notes:

Mexico, Spanish Colonial. Philip V AR 8 Reales. Ciudad de México (Mexico City) mint, 1739-Mo MF. • HISPAN • ET IND • REX ✥ PHILIP • V • D • G, crowned coat-of-arms; value above assayer's initials across fields / ✥ VTRAQUE VNUM ✥, crowned hemispheres between crowned pillars ornamented with banners, all set on waves; date below flanked by mintmarks. KM 103.

PCGS graded AU, salt water damage (#670025.97/35703374).

Ex Ira & Larry Goldberg Coins & Collectibles, Auction 106, 4 September 2018, lot 2269;
Reportedly from the wreck of Rooswijk which sunk in 1739, southeast of England.