Watch List notes:

Lima, Peru, cob 2 reales, Philip II, assayer Diego de la Torre, *-II to left, P-dot-D to right, Grade 1, ex-Mendel Peterson. S-L4; KM-9; Cal-338. 6.47 grams. Broad thin flan with no corrosion but some wear, silvery with toned fields, choice full shield and (slightly doubled) cross, much legend and crown, full *-ii and P-dot-D (rare to see all of those clearly, especially the all-important star), desirable pedigree. With Fisher tag and certificate 85A-236681, pedigreed to the collection of the late Mendel Peterson, curator of the Smithsonian. From: Atocha, sunk in 1622 west of Key West, Florida
($3000-4500)