Potosi, Bolivia, cob 2 reales, Philip II, assayer L/L (1st period). S-P3; KM-3.2; CT-491 (under Lima). 6.72 grams. Bold but slightly doubled full cross and shield, much bold legend, VF+ with toned fields, probably the earliest type with P-L over denomination to left and ii over P-M to right (but not visible). (Estimate: $125 - 200)