Watch List notes:

Potosi, Bolivia cob 2 reales, Philip II, assayer L (1st period), with L/M below mintmark P to left, rare. S-P3; KM-3.3. 6.17 grams. Broad flan with very choice full shield and cross, bold L over messy M, full crown with clear bottom loop, punchmark and hole at top of shield / right of cross, nicely toned VF+. (Estimate: $150 - 225)