Watch List notes:

PERU, Lima, 2 reales, Philip II, assayer R (Rincón) to left, motto P-LVSV-T, legends HISPAN / NIARVM. S-L1; KM-8; Cal-333. 6.42 grams. Full legends and inner details but with surface corrosion on shield side and below waves (otherwise XF), interesting variety with rare form of the motto and very low pillars, creating a large open field above. Pedigreed to the Jorge Ugaz Collection of Lima Silver Cob 2 Reales.

Estimate: 750 - 1100 USD