Watch List notes:

Lima, Peru, 1 real, Philip II, assayer R to left, motto PL-VS-VL below dot, HISPANIA / RVM. S-L1; KM-6; Cal-unl (cf 209). 3.17 grams. Broad thin flan with much bold and full legend (particularly the king's name and ordinal) and full inner details, early "fine style" pillars side with larger elements, high grade (AU?) but very slightly porous, lightly toned.
($250-375)