Watch List notes:

PERU, Lima, 2 reales, Philip II, assayer X/R to left, motto PL-VSV-TR, legends HIS / NIARVM, extremely rare. S-L2; KM-8; Cal-334. 6.10 grams. Clear X/R to left of full but off-center shield, well-centered full pillars, much legend, dark Fine with surface oxidation and hairline flan-crack. Pedigreed to the Jorge Ugaz Collection of Lima Silver Cob 2 Reales.

Estimate: 1500 - 3000 USD