Watch List notes:

Potosi, Bolivia, cob 1/4 real, Philip III, no assayer, shield around castle, small lion without shield, rare, ex-Ugaz. KM-unl; Cal-unl. 0.78 gram. Small thick flan with bold full castle (in shield) and small lion (no shield), toned VF with light old scratches, most of PHILIPPVS visible in legend. Pedigreed to the Jorge Ugaz collection.
($200-300)