Watch List notes:

Toledo, Spain, cob 4 reales, 1614, no assayer.Cal-843; KM-unl (36.3 for type).13.40 grams.Choice XF, deeply toned all over, with bold full shield and cross, king's ordinal III below mintmark oTo, plus 100% full and bold date, really everything you could ask for in a cob, with additional interest for the fact that it lacks an assayer mark (the oTo mintmark sometimes confused for oT with assayer o in error).
($300-450)