Watch List notes:

Lima, Peru, 4 reales, Philip II, assayer R (Rincon) to left, motto PL-VSV-LT, legend HISPAN / NIARVM. S-L1; KM-10.1; CT-312. 12.88 grams. Bold full central details and much bold legend on a broad, round flan with nice toning, light surface oxidation, otherwise VF.

Estimate: $500-750