Watch List notes:

LOW COUNTRIES, Nederlandse Opstand (Dutch Revolt). Holland. 1566/8-1581. AR Real (24mm, 2.63 g). Revaluation of 1573-1574. Lion rampant left in beaded oval cartouch on the reverse of a Spanish Sevilla mint real of Fernando V and Isabel I. For countermark: P&W 22. VF, toned, internal cut.

From the estate of Thomas Bentley Cederlind.