Watch List notes:

Lima, Peru, cob 2 reales, Philip II, assayer Diego de la Torre, *-ii to left, P-oD/X to right, rare. S-L4; KM-9; CT-unl. 6.74 grams. Broad flan with choice full shield and cross and crown, bold full P-oD/X to right and mintmark * over the denomination to left, some legend, attractively toned XF.

Estimate: $350