Watch List notes:

Lima, Peru, 1/4 real, Philip II, assayer R to left (Rincon), legend beginning on crowned-I side, other side with HISPANIARVM, rare. S-L1; KM-1; CT-761. 0.70 gram. Very bold VF with nearly full legends (doubled on crowned-R side) and choice inner details, very lightly toned, particularly rare as completely intact (from a European collection).

Estimate: $1500