Watch List notes:

Lima, Peru, 1 real, Philip II, assayer R to left, motto PL-VSVL-T, legends HISPANIA / NIARVM.S-L1; KM-6; Cal-209.3.17 grams.Sharply detailed VF+ with contrasting toning, light old marks and slight surface porosity, well struck on a small-ish flan yet with decent legends nonetheless (including bold PHILIP).
($300-450)