Watch List notes:

Seville, Spain, cob 2 reales, Philip II, assayer Gothic D at four o'clock outside tressure on reverse. Cal-400. 6.49 grams. Excellent full shield and cross-lions-castles with contrasting toning and minimal corrosion, also much legend and with full mintmark S to left and denomination II to right. With generic (small) certificate from the salvor.Recovered from: Santiago, sunk in 1585 off Mozambique, east of Africa.

Estimate: $200 - $300