Watch List notes:

PERU, Lima, gold cob 8 escudos, 1708 M, legend ISPANIAR, NGC AU details / rim filing (1715 Fleet Shipwreck Label), ex-Glendining. S-L25a; KM-38.1; Cal-2114; Fr-7. 26.90 grams. Choice full cross-lions-castles, full but off-center pillars-and-waves, much legend including king's ordinal V and clear ISPANIAR, apparently a very rare variety, rich gold color with very light toning around details, the stated rim-filing very subtle and unobtrusive. From the 1715 Fleet, with Sedwick photo-certificate, pedigreed to the Glendining auction of October 1967. (Pedigree found by Charle Winn from The 1715 Fleet Society) 

Estimate: $10000 - $15000