Watch List notes:

Lima, Peru, cob 2 reales, Philip II, assayer Diego de la Torre, *-ii to left, P-oD/X to right. S-L4; KM-9; Cal-337. 6.60 grams. Slightly out-of-round flan, with crisp AU details despite light surface porosity (also lightly toned), choice full shield, full but partially weak cross, bold *-ii and P-oD/X, most of crown and some legend, different dies from the previous lot, particularly the crown, which bears an unprecedented series of x's between the top and bottom loops (first specimen known).
($350-500)