Watch List notes:

Panama, cob 2 reales, Philip II, assayer oB to right, mintmark AP above denomination II to left, very rare, ex-Richard Stuart. S-AP4; KM-3.3; CT-506. 6.61 grams. Very bold full shield and cross (crown full but flattish), much legend, full mintmark and denomination and assayer, bold AXF with contrasting toning on fields. Not pictured in Proctor (as it was hiding in the Stuart collection) but a die-match with his #2R.1B. Pedigreed to the Richard Stuart collection.
($5000-10000)