Watch List notes:

Lima, Peru, 2 reales, Philip II, assayer R to left (Rincon), motto as PL-VSV-LT, legends HISPA- and -D(?)NIARVM. S-L1; KM-8; CT-481. 6.01 grams. Bold but lightly corroded XF with good full inner data, patchy toning and encrustation.

Estimate: $350