Watch List notes:

Mexico City, Mexico, cob 2 reales, Philip III, assayers F and oD, very rare. S-M14a; KM-unl. (cf. 32.1). 6.79 grams. Full partially flat shield and cross, weak but certain F to left and D to right, bold figure-8 ornaments in legends, toned Fine with minor encrustation, low contrast.

Estimate: $150 - 225