Watch List notes:

Lima, Peru, cob 2 reales, Philip II, assayer Diego de la Torre, *-ii to left, (P-oD) to right, Grade 1. S-L4; KM-9; CT-487. 3.34 grams. Broad flan with nearly full shield and cross but part of edge lost to corrosion, unusual type for this wreck. With Fisher photo-certificate #209. Santa Margarita, sunk in 1622 west of Key West, Florida

Estimate: $500-750