Watch List notes:

Panama, cob 4 reales, Philip II, assayer oB to left, mintmark AP above error denomination "III" to right, extremely rare, ex-Richard Stuart, KM Plate Coin, Proctor Plate Coin. S-AP4; KM-4; CT-341. 13.67 grams. Impressively full and well-detailed crown and shield and cross, albeit slightly doubled, with full assayer and mintmark and denomination (erroneously punched into the die with three I's instead of four), bold XF+ with deeply toned fields (great contrast), an important coin for the Panama specialist (unique dies) but also a well-pedigreed "trophy coin" for all Spanish colonial collectors--if you just want one Panama cob, the best you can get, this should be it! Pedigreed to the Richard Stuart collection, also Plate Coin on page 441 of Spain, Portugal and the New World (2002), by Krause-Mishler, and Plate Coin #4R.3B on page 155 of The Forgotten Mint of Colonial Panama (2005), by Jorge Proctor.
($10000-20000)