Lima, Peru, 4 reales, Philip II, assayer R (Rincon) to left (large), motto PL-VSV-LT, legends HISP / NIARVM. S-L1; KM-10.1. 12.37 grams. Very bold full shield and pillars, including assayer and denomination, plus most of legend, toned around details, which are at least XF grade but with faint surface porosity all over from burial.
Estimate: $1000-1500