Seville, Spain, cob 2 escudos, Philip II, assayer B below denomination and mintmark S to left, mounted cross-side out in 14K gold bezel with shackle bail. 12.21 grams total. Nice full cross-and-tressure with prominent compass ring around center, good full shield with bold mintmark and assayer, partial date to right (1593 or 1595), AU.
Estimate: $1500-2250