Watch List notes:

Potosi, Bolivia cob 2 reales, Philip II, assayer L (1st period), with L/L/L/M below mintmark P to left, rare. S-P3; KM-3.3. 5.82 grams. Nice full shield and cross, bold multiple over-assayer, XF details but light surface corrosion as from unspecified salvage. (Estimate: $125 - 200)