Watch List notes:

Mexico City, Mexico, 2 reales, Charles-Joanna, "Late Series," assayer L to right, mintmark M to left. Nesmith 85b; S-M9; KM-12; CT-116. 6.67 grams. Bold and full shield and crown and pillars-and-waves, much legend, non-toned AXF.

Estimate: $125 - 200