Watch List notes:

Lima, Peru, 4 reales, Philip II, assayer R (small) to left, motto PL-VSV-TR, legends HISPA / NIARVM. S-L1; KM-10.1; Cal-495. 11.91 grams. Broad round flan with full legends, bold full shield-lions-castles, full but weaker pillars-and-waves, some minor doubling, scarce variety with VSV without L between pillars, AU- with surface porosity, lightly toned in crevices.

Estimate: $1000 - $1500