Watch List notes:

Potosi, Bolivia, cob 4 reales, Philip II, assayer L (1st period), upper-right lion punched over castle in cross. S-P3; KM-4.2; CT-322 (under Lima). 13.72 grams. Typically broad, round flan with good full shield and cross, much bold legend and crown, lightly rainbow-toned VF+, curious error (first we have seen).

Estimate: $200 - 300