Watch List notes:

Lima, Peru, cob 2 reales, Philip II, assayer X, very rare. S-L3; KM-9; CT-495. 6.21 grams. Bold full cross and shield and nearly full crown, full denomination ii and mintmark-assayer P-X, some legend but mostly flat in the peripheries, toned VF with light pitting. Interestingly, in this denomination plain X is much rarer than over-assayer oD/X.

Estimate: $1500