Watch List notes:

Lima, Peru, 2 reales, Philip II, assayer R (Rincon) to left, motto PL-VSV-TR, legends HISPAN / NIARVM. S-L1; KM-8; CT-479. 5.40 grams. Choice broad flan with full XF details and nice toning, some "horn silver" around assayer and light surface corrosion all over.

Estimate: $300-450