Watch List notes:

SPAIN. Cob 8 Reales, ND (1556-98). Valladolid Mint. Philip II. NGC AU-53.
Cal-763. An impressive survivor from this RARE Spanish mint, exhibiting the light strike weakness typically apparent on these crude hammered cob issues, but with essentially all central detail intact, including a bold mintmark and denomination.

Estimate: $1000 - $2000