Watch List notes:

Lima, Peru, cob 8 escudos, 1711M, from the 1715 Fleet, encapsulated NGC MS 61. S-L28; KM-38.2; CT-22. 26.9 grams. Choice bold strike with minor staining, muted luster (else the grade would be higher), the full cross and pillars really quite attractive. From the 1715 Fleet (as stated inside the slab).

Estimate: $10000