Watch List notes:

Potosi, Bolivia, cob 1 real, Philip II, assayer L/L/erasure to left, rare. S-P3; KM-2.2; Cal-240. 3.30 grams. Bold full cross ("Seville" lions) and shield with very bold P-L to left (the L punched over an offset L and something else that was erased, either M or B) and denomination I to right, AXF with dark toning in crevices.
($200-300)