Watch List notes:

SPAIN, Reino de España. Felipe II el Prudente. 1556-1598. AR 2 Reales (28mm, 6.61 g, 8h). Toledo mint; mm: T M. Crowned coat-of-arms; to left, [M]/T; pellets over II to right (denomination) / Arms within polylobe. ME 3631; Calicó 556. VF, lightly toned, numerous scratches.

From Group SGF.