Seville, Spain, cob 4 escudos, Philip II, assayer Gothic D below mintmark S to left, mounted cross-side out in 14K bezel. 18.55 grams total. Choice full cross-and-tressure, full and well-detailed but off-center shield (XF details), flat and thin bezel with narrow prongs (one next to an edge-crack), thin and loose bail at top.
Estimate: $2000-3000