Watch List notes:

Lima, Peru, 2 reales, Philip II, assayer R (Rincon) to right, motto PL-VSV-TR, legends HISPA / NIARVM. S-L1; KM-8; CT-479. 5.49 grams. Broad flan with much legend and full inner details, near AU with light surface corrosion, spotty toning.
($200-300)