Watch List notes:

Mexico City, Mexico, cob 8 reales, Philip V, assayer not visible, partially encrusted (as found). KM-47. 29.83 grams. Very weird, curved shape accentuated by a large patch of thick encrustation at one end containing lots of small shell-bits in orange and gray, the coin itself deeply toned and fairly solid, with clear denomination 8 next to a well-detailed nearly full shield, a rare and attractive display. With photo-certificate.Recovered from: Spanish 1715 Fleet, east coast of Florida.

Estimate: $250 - $375