Watch List notes:

SPAIN, Seville, cob 8 reales, Philip II, assayer Gothic D at 4 o'clock outside tressure on reverse. Cal-720. 26.68 grams. Broad, out-of-round flan with bold mintmark S to right of nice full shield, the cross also full but corroded, very lightly toned, tiny edge-split. With generic certificate. Recovered from: Santiago, sunk in 1585 off Bassas da India in the Indian Ocean

Estimate: $250 - $375