Watch List notes:

Lima, Peru, cob 8 reales, 1751 (R ), very rare. S-L23; KM-44; Cal-449. 24.94 grams. Solid flan (very thick) with minimal surface corrosion except for pit on cross side, deeply toned, with clear tops of the digits of the date despite peripheral flatness. Recovered from: Luz, sunk in 1752 off Montevideo, Uruguay.

Estimate: $350 - $500