Watch List notes:

BOLIVIA, Colonial (as Alto Perú). Felipe III. King of Spain, 1598-1621. AR 2 Reales (26mm, 6.53 g, 12h). Struck late 16th or early 17th century. Crowned coat-of-arms; P over (B or R) / Arms within polylobe. Menzel type Ib or In. VF, toned, assayer's initial obscured.