Watch List notes:

SPAIN, Toledo, gold cob 2 escudos, Philip II, assayer M-in-circle below mintmark oT to left, denomination II below dots to right. Cal-865; Fr-170. Typically thin, round flan in rich-colored gold with well-detailed full shield, small interior flan-crack, full king's name with small x scratch after it in legend.

Estimate: $2000 - $3000