Watch List notes:

Lima, Peru, cob 1/2 real, Philip II, assayer Diego de la Torre, P to left, •D to right, */X below monogram, very rare. S-L4; KM-unl.; CT-unl. 1.51 grams. Choice full monogram with bold P to left and •D to right, deeply toned AXF with light surface porosity, but best feature is the bold mintmark * clearly punched over a full-sized X, the first specimen we have ever offered.

Estimate: $200