Watch List notes:

Panama, cob 1/2 real, Philip II, assayer oX to right, mintmark AP to left, very rare. Sed-AP1; Cal-134; KM-1. 1.58 grams. Full and bold crown and monogram with AP to left and oX to right, also full cross with normal-sized lions and castles in proper quadrants (apparently a new variant), with only small parts of the legends visible but enough to see both sides are meant to be reverse legends (no king's name), lightly toned XF with hairline edge-split.


Estimate: 2500 - 3750 USD