Watch List notes:

Lima, Peru, 4 reales, Philip II, assayer small R (Rincon) to left, motto PL-VSVL-TR, legends HISP / NIARVM, ex-Stallard. S-L1; KM-10.1; Cal-495. 12.51 grams. Choice bold strike on broad flan with lovely central details and nearly full legends, toned AU with very slightly porous surfaces, hairline edge-split, still exceptional quality overall. Pedigreed to the Barry Stallard collection and to the Heritage auction of January 2008 (lot #51937).
($3500-5000)