Watch List notes:

Seville, Spain, gold cob 1 escudo, Philip II, assayer Gothic D to right, mintmark S to left, mounted cross-side out in 18K gold bezel with fixed bail. 7.10 grams total. Good full cross and shield, nearly full crown and much legend including king's ordinal II, all in elegant early style on a slightly wavy flan, AU grade.
($1500-2250)