Watch List notes:

Lima, Peru, 4 reales, Philip II, assayer R (Rincon), small R, motto as PL-VSV-TR, legends split as HISPA / NIARVM, rare. S-L1; KM-10.1; CT-311. 13.36 grams. Perfectly full and round flan with choice full shield, full but doubled pillars, and 100% full legends (the crown full too but somewhat flat), lightly toned XF, just a little less bold than the previous lot.

Estimate: $1500 - 2250