Watch List notes:

Lima, Peru, cob 4 reales, Philip II, assayer Diego de la Torre, *-oiiii to left and P-oD to right, rare. S-L4; KM-11; CT-316. 12.65 grams. Good full shield and cross-and-tressure, some legend (doubled), richly toned VF with minor surface porosity.
($500-750)