Watch List notes:

Mexico City, Mexico, cob 2 reales, Philip II, assayer F, three small castles in each quadrant (also transposed), rare. S-M12; KM-31; CT-499. 6.81 grams. Strange issue with three small castles in a pyramid formation as opposed to one large castle in each quadrant (perhaps to make up for a broken 2R punch?), very prominent on this lustrous XF specimen with full shield and crown and cross and MF (lacking the o above the M), small edge-split. Pedigreed to the Ponterio auction of January 2007, with original lot-tag #972. ($200-300)