Watch List notes:

Lima, Peru, 2 reales, Philip II, assayer R (Rincon) to right (rare), motto as PL-VSV-TR, legends split as HISPA / NIARVM, rare. S-L1; KM-8; CT-479. 6.28 grams. Broad flan with bold full shield and pillars, nearly full crown and much bold legend (some peripheral flatness and doubling), toned XF with minor surface porosity.

Estimate: $500 - 750