Watch List notes:

Lima, Peru, cob 8 escudos, 1725M, Louis I, king's name visible (rare). S-L28a; KM-40; CT-1. 26.88 grams. Perfectly round flan with nice full cross and pillars, XF+ with faintly toned fields, clear LVDO(VIC)VS I in legend.

Estimate: $8000 - 12000