Watch List notes:

Lima, Peru, cob 1/4 real, Philip II, assayer R (Rincon) to left, rare. 0.77 gram. Choice, bold, 100% full legends (rare thus, as most are clipped or broken or corroded down), also with both crowns but the centers a bit weak (as made), toned VF overall. Pedigreed to our Auction #7, lot #921.

Estimate: $1000 - 1500