Watch List notes:

Panama, cob 2 reales, Philip II, assayer oB to left, Grade-2 quality (no Grade on certificate), ex-Research Collection, Proctor Plate Coin, very rare. S-AP4; KM-3.2; CT-507. 4.92 grams. Bold full A-P-II to right and clear but slightly doubled shield (lacking Aragon) and cross, no surface corrosion but small part of edge missing, nicely toned and desirably pedigreed. Curiously, the issuance of cobs at the Panama mint was completely unknown when this coin was certified, so the Fisher folks simply put question-marks for mint and reign and assayer on the tag and certificate. Pedigreed to the Charles Eidel collection, with special Fisher photo-certificate #237771 and coin #226 in the Atocha Research Collection (Christie's, 1988), also Plate Coin 2R.7B in Proctor's The Forgotten Mint of Colonial Panama (2005). Recovered from: Atocha, sunk in 1622 west of Key West, Florida ($1500-2250)