Watch List notes:

Potosi, Bolivia, cob 8 reales, Philip II, assayer RL, NGC AU 55, finest known in NGC census. S-P13; KM-5.1; Cal-675. 27.26 grams. Beautifully lustrous and devoid of wear, with full crown and choice full interior details on both sides, the P-RL particularly full and bold, tiny edge-cracks but otherwise as nice as they come, the finer of just two in the NGC census (this one labeled as Philip III in error). Pedigreed to the Jorge Ugaz collection (stated on label).
($500-750)