Watch List notes:

Guadalajara, Mexico, bust 2 reales, Ferdinand VII, 1815/4MR, rare. KM-93.2; CT-873. 6.41 grams. With only about five specimens known, this is considered the rarest of all the issues from this mint, with all peripheral details (date and legends) bold and clear but central details weak (especially the bust), nicely toned About Fine overall, with tiny test-cut in rim.

Estimate: $800