Watch List notes:

Potosi, Bolivia, cob 2 reales, 1685VR, Royal-like. S-P40; KM-24; CT-615. 6.80 grams. Huge round flan, with full interior details, but really too much flatness in legend to be considered a full-fledged Royal, AVF with contrasting toning on fields, holed at top (aligned axis). Pedigreed to our Auction #11, with original lot-tag #838.

Estimate: $500-750