Watch List notes:

SPAIN, Seville, cob 8 reales, Philip II, assayer Gothic D at 4 o'clock outside tressure on reverse. Cal-720. 26.71 grams. Good full shield and cross despite surface corrosion, some legend, unevenly thick edge. Recovered from: Santiago, sunk in 1585 off Bassas da India in the Indian Ocean

Estimate: $250 - $375