Watch List notes:

Lima, Peru, 1 real, Philip II, assayer R to left, motto PL-VSV-L below dot, legends HISPANIA / ARVM. S-L1; KM-6; Cal-unl (cf 209). 3.14 grams. Broad flan with choice full legends and crown and inner details, deeply old-toned VF+ with tiny hole at bottom of shield. This is the first example we have seen with pillars-side legend starting with ARVM. Pedigreed to the Barry Stallard collection, with original Christensen tag from June 1988.
($200-300)