Watch List notes:

Lima, Peru, 1/2 real, Philip II, assayer R (Rincon), legends split as HISPAN / RVM. S-L1; KM-3; CT-702. 1.46 grams. Thin from (minimally visible) corrosion but with bold legends (nearly full) and inner details, no doubling, toned on fields.

Estimate: $175 - 250