Watch List notes:

Lima, Peru, 2 reales, Philip II, assayer R (Rincon) to left, motto as PL-VSV-L, legends split as HISPA / NIARVM, rare. S-L1; KM-8; CT-481. 5.96 grams. Superb full pillars side with all details bold and well struck, the shield side also full but doubled in center (nice full crown), contrastingly toned VF+ with minimal surface corrosion.

Estimate: $500 - 750