Watch List notes:

Lima, Peru, 4 reales, Philip II, assayer R (Rincon) to left (large), PL-VSV-LT with upside-down A's for V's, legends HIS / NIARVM. S-L1; KM-10.1; CT-310. 11.98 grams. Broad flan with much bold legend (some flat spots), full inner details (the shield slightly doubled), AXF with contrasting toning and light surface corrosion.
($700-1000)