Potosi, Bolivia, cob 1/4 real, Philip II, assayer R (Rincon) to left, mintmark P to right. S-P1; KM-A0001; CT-763 (under Lima). 0.81 gram. Broad flan with much legend for the denomination, nearly full crown, full but weak centers, toned Fine with crude hole at edge, desirable as first issue of the mint.
Estimate: $125-200