Yes, please provide weight and approximate diameter and thickness if possible. Although many of the specific identifiers are worn we can deduce what it is representing itself to be by the following.
Greek Cross indicates roughly the 1571-1652 time period and suggests the Potosi or early Lima Mints. Although statistically almost certainly the Potosi Mint if so.
To begin my thoughts on the shield, I am not entirely ruling out the old world shield with Portugals Coat of arms because there is a large spot on the shield that I am not certain about. Wear on a spot that would make that possibility clear. I will highlight that spot after I think about it and stare at the coin for a while.
Concentrating on what can be discerned and clues on the inside of the shield and based on the locations and positions of specific characters on this shield it is likely a Philip III of which he had 5 different type shields during his reign. (1598 - 1621). Needless to say it is almost impossible to be certain which specific shield yours may be.
Initial impression is a possible 8 Reales Phillp III Potosi 1598 - 1621 although we need more information from you.

