Watch List notes:

Lima, Peru, cob 2 reales, Philip II, assayer R (Rincon), motto PL-VSV-LT above two-dot denomination, legends divided as HISPA / NIARVM, Grade 2, rare. S-L1; KM-8; CT-481. 5.63 grams. Bold and nearly full legends around full and bold inner details, some doubling but only localized surface corrosion at top of shield, nicely toned around details. With Fisher certificate #237732. Recovered from: Atocha, sunk in 1622 west of Key West, Florida

Estimate: $700 - 1000