Watch List notes:

SPAIN, Seville, cob 8 reales, Philip II, assayer Gothic D at 4 o'clock outside tressure on reverse. Cal-720. 25.25 grams. Somewhat oblong flan with good full cross and much legend including bold full (P)HILIPPV(S), minimal corrosion, toned around details. With generic certificate. Recovered from: Santiago, sunk in 1585 off Bassas da India in the Indian Ocean

Estimate: $250 - $375