Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip III, assayer T, Grade 2, ex-Atocha (1622), mounted cross-side out in heavy silver pendant with 14K gold prongs, shackle bail and pirate-face embellishment. 41.93 grams total. Very smooth round-gauge mount with prongs at two and six o'clock, the pirate face at ten, with good full shield and cross (mounted 90 degrees counterclockwise), minor corrosion only (choice for the assigned Grade). From the Atocha (1622), with original Fisher tag and certificate 85A-264712.

Estimate: $1000 - $1500