Watch List notes:

Mexico City, Mexico, 4 reales, Charles-Joanna, "Late Series," assayer L to right, mintmark M to left. Nesmith 86 for type; S-M9. 9.76 grams. Typically brownish and thin from moderate corrosion but with good full shield and other details, patch of "horn silver" on pillars side. Pedigreed to our Auction #8, with original lot-tag #435. Recovered from: Spanish 1554 Fleet off Padre Island, Texas

Estimate: $125 - 200