Watch List notes:

Potosi, Bolivia, cob 2 reales, Philip III, assayer straight-leg R, Grade 2, ex-Santa Margarita (1622), mounted cross-side out in 14K gold bezel with shackle bail. 7.80 grams total. Good full shield and slightly off-center cross, both nicely toned, with corrosion only near edge, probably lightly rounded on edge to fit the nearly round bezel. From the Santa Margarita (1622), with original Fisher tag and photo-certificate 5118.
($1000-1500)