Watch List notes:

SPAIN, Kingdom. Carlos III. 1759-1788. AR 2 Reales (27.5mm, 5.87 g, 12h). Madrid mint. Dated 1761 JP. Crowned coat-of-arms; value, mint, and assayer initials flanking shield / Coat-of-arms within polylobe. ME 11458; KM 388.1. Cleaned. Near EF.