Watch List notes:

Panama, cob 1/2 real, Philip II, assayer P to right, assayer M below, mintmark AP to left of monogram, very rare. S-AP1; KM-1; CT-720. 1.56 grams. Lightly toned XF with minor surface porosity, good full cross (with tiny lions) and monogram and crown, bold mintmark and assayer P (the M very weak), broad flan with lots of legend. Very few of these dual-assayer 1/2R are known, and this specimen does not match the die combinations of any of the three listed and shown in Proctor. Pedigreed to our Auction #17, with original lot-tag #1039.
(1750 - 2500 USD)