Watch List notes:

Lima, Peru, cob 1/2 real, Philip II, assayer Diego de la Torre, oD to left, * to right of monogram. S-L4; KM-5 for type; Cal-120. 1.51 grams. Broad flan with fascinating struck-over piece of folded-over metal at edge, choice full cross and nearly full monogram, XF with very light surface porosity.
($80-$120)