There are several different 2 reales for this date range and my reference does not provide pictures only simple descriptions that don't help. They go from $250- $2,000 in this condition. Does anyone know enough to help me on this one?
Matt - What you have there is a 2 reales from Mexico, not Peru. It was minted between 1548 and 1567 under the assayer Luis Rodriguez. It is a type III (Mx-147). It is distinguished by the L to left and M to right. And the type of L (crossed top leg) distinguishes it from the type V.