Watch List notes:

Lima, Peru, cob 1/4 real, Philip II, assayer Diego de la Torre, I-* flanking castle, oD-* flanking lion, rare. 0.71 gram. Broad flan with much bold legend, full castle and lion (the latter slightly off-center), clearly the rare variety with I to left of castle but previously mis-described as P-*, darkly toned AXF with minor surface porosity. Pedigreed to our Auction #11, lot #694.

Estimate: $200 - 300