Watch List notes:

Toledo, Spain, cob 2 escudos, Philip II, assayer M above denomination II to right, mintmark oT to left. CT-85. 6.72 grams. Exceptionally broad, thin flan with choice full inner details and nearly full legends (the full PHILIPPVS II particularly impressive), AU- with small spots of encrustation.

Estimate: $1500 - 2250