Watch List notes:

PERU, Colonial. Felipe V. King of Spain, second reign, 1724-1746. AV 8 Escudo (27mm, 27.10 g, 10h). Lima mint. Dated 1739 L V. Coat-of-arms / Crowned pillars of Hercules set on ocean waves. Calicó 620; KM 38.2; Friedberg 7. Lightly polished, minor deposits, ex mount. Good VF.