Watch List notes:

Lima, Peru, 4 reales, Philip II, assayer R to left, motto PL-VSV-L, legends HISPA / NIARVM. S-L1; KM-10.1; Cal-495. 12.48 grams. Exceptionally broad flan that extends beyond the outer borders, bold full details over (one minor weak spot in legends), no doubling or splits and very well centered, deeply toned over very slightly porous surfaces, AXF.
($1,250-$2,000)