Watch List notes:

Potosi, Bolivia, cob 2 reales Royal (galano), 1747 q, very rare, NGC Genuine / clipped. S-P50a; KM-unl; Cal-unl. 5.86 grams. Well-centered strike on a small but perfectly round flan, no legends to confirm but believed to be a Philip V issue, good cross but center of pillars weak, richly toned, with hole at bottom of cross and second hole (stripped) at bottom of pillars, first example we have seen since the "Americas" piece in 1983 (Kagin's).

Estimate: $500 - $750