Lima, Peru, 2 reales, Philip II, assayer R (Rincon) to left, motto PL-VSV-TR, legends HISPAN / NIARVM with upside-down A in INDIARVM. 5.45 grams. Bold full legends and choice inner details, nice toning all over, effectively AU but with light surface corrosion, unique error in legend.
Estimate: $600 - 900