Lima, Peru, 1/2 real, Philip II, assayer R (Rincon) to left, legends HISP / IARVM. S-L1; KM-3; Cal-115. 1.64 grams. Slightly off-center strike on an exceptionally broad flan extending well past the borders, choice bold legends and inner details, no doubling, lightly toned XF+.
Estimate: 350 - 500 USD