Watch List notes:

PERU, Lima, 2 reales, Philip II, assayer R (Rincón) to left, motto PL-VSVL-TR, legends HISPA / NIARVM. S-L1; KM-8; Cal-333. 6.41 grams. Nice full central details in XF grade, full but weaker legends, lightly toned. Pedigreed to the Jorge Ugaz Collection of Lima Silver Cob 2 Reales.

Estimate: 800 - 1200 USD