Watch List notes:

Lima, Peru, 2 reales, Philip II, assayer R (Rincon) to right, motto PL-VSV-TR, legends HISPA / NIARVM. 6.26 grams. Somewhat crude for the issue but with all inner details and most of legends bold, very scarce issue with assayer-mark to right, toned Fine+.

Estimate: $500 - 750