Watch List notes:

Lima, Peru, cob 1 real, Philip II, assayer Diego de la Torre, *-P to left, oD-I to right. S-L4; KM-unl (7 for type); Cal-214. 3.25 grams. Oblong flan with nice full shield and cross, most of crown and much legend, XF with dark stains near edge but otherwise non-toned, scarce arrangement of mintmarks, denomination and assayer (least common of the 1R varieties). Pedigreed to the Barry Stallard collection.
($150-225)