Watch List notes:

Lima, Peru, cob 8 escudos, 1705H, rare, from the 1715 Fleet. S-L25a; KM-38.1; CT-15. 26.94 grams. Exceptionally broad flan with much bold legend in addition to perfect inner details, undoubtedly the finest known of a seldom-seen date, Mint State in our opinion, with a hint of luster. From the 1715 Fleet.

Estimate: $15000 - 30000