Watch List notes:

Lima, Peru, cob 1/2 real, 1725, Louis I. S-L20a; KM-A39; CT-52. 1.88 grams. Bold date, most of monogram and cross, toned Fine with light surface pitting as from unspecified salvage. Pedigreed to the Mark Bir collection (our Auction #6, with lot-tag #873).
($60-90)