Watch List notes:

Seville, Spain, cob 8 reales, Philip II, assayer Gothic D at four o'clock outside tressure on reverse. Cal-720. 26.18 grams. Sharply detailed full shield and cross-lions-castles, king's ordinal II in legend, attractively toned and only corroded on part of edge, one neat edge-split. With generic (small) certificate from the salvor.Recovered from: Santiago, sunk in 1585 off Mozambique, east of Africa.

Estimate: $300 - $450