Watch List notes:

Potosi, Bolivia, cob 8 reales Royal (galano), 1720 Y, dots in legend, rare, NGC VF details / holed ("top pop"), ex-Sellschopp, Lazaro Plate. S-P43a; KM-R31; Cal-1492. 26.25 grams. Deeply toned over bold full details (the pillars slightly doubled), noticeably smaller than previous issues but still with much legend including king's name and ordinal and date and POTOSI, crudely holed (an old, squarish piercing) at top of cross / bottom of pillars, tied with one other for finest in NGC census in the absence of any "straight grade" examples, rated R3 (four to six known) in Lazaro, desirable pedigree. Pedigreed to the Sellschopp Collection (Swiss Bank Corp. auction of January 1987, lot 1859) and Plate Coin 267 on page 345 of Reales de a Ocho: Los Redondos de Lima, Mejico y Potosi y otras acunaciones especiales, by Jose Luis Lazaro (1996).

Estimate: $3000 - $4500