Watch List notes:

Lima, Peru, gold cob 8 escudos, 1725 M, (Louis I), rare, NGC XF details / removed from jewelry. S-L28a; KM-40; Cal-62. 26.45 grams. Rare one-year type struck well after the short seven-month reign of Louis I in 1724. Bold full pillars and cross with smooth surfaces from jewelry cleaning.

Estimate: $4000 - $6000