Watch List notes:

Lima, Peru, cob 8 reales, 1723 M. S-L20; KM-34; Cal-1297. 26.68 grams. Chunky flan with flat peripheries but clear date between nearly full pillars, most of cross, attractively toned Fine, parts of edge (and area near edge) slightly crude (as made).

Estimate: $200 - $300