I Need Some Real Help, The Silver Kind

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At the Valley Ranger's gracious invitation, I accompanied him to a SE Virginia location with colonial-era potential. I found some small brass and pewter items yet to be identified, and believe I've ID'd the attached as a "pillars and waves" cob, minted at the Potosi, Bolivia mint in the 1690s, possibly 1699.

I have a couple of questions for the sages and specialists here- in the area of the denomination above the SV and between the pillars there appears what might be a tall, narrow elongated "1", barely discernible in the last image. I haven't seen a similar mark elsewhere (normally somewhat squat and uniform in dimension), perhaps a trick of the light? At present I'm left with the impression of this being a single real.

Also, if I have the cob's orientation correct, where what appears to be an "S" above the cross, is that normally also the location for a mark of denomination?

Much thanks in advance for any advice/input!:icon_salut:

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