Watch List notes:

Lima, Peru, cob 8 escudos, 1734N, encapsulated NGC VF details / mount removed, polished. S-L29; KM-38.2; CT-49. 26.5 grams. Good full pillars (slightly doubled) and cross, the polishing really not offensive (and no evidence of mounting damage to our eyes).

Estimate: $4000 - 6000