Watch List notes:

Lima, Peru, cob 1 real Royal, 1705/4H, overdate in legend only, extremely rare. S-L15a; KM-unl; CT-unl. 2.90 grams. Small flan (probably lightly shaved long ago) with good full pillars and cross (the latter slightly off-center), three dates, richly toned VF. ($1000-1500)