Watch List notes:

Lima, Peru, cob 1/4 real, Philip II, assayer Diego de la Torre, P to left, * to right of castle and lion. S-L4; KM-2; Cal-unl. 0.81 grams. VF, unevenly struck on a thin planchet with weak centers yet bold legend detail where visible, dull gray surfaces with light porosity.
($125-200)