Watch List notes:

Lima, Peru, cob 2 reales Royal, 1709/8M, very rare. S-L18; KM-unl. (cf. R32); CT-1178. 6.64 grams. Full inner details on both sides (axes not aligned), some legend (especially on the cross side, which is off-center), two dates (clear 9/8 below cross), three assayers, nicely toned VF, expertly repaired hole to left of cross. Pedigreed to the Santa Rosa de Lima collection.

Estimate: $2000