Watch List notes:

Catorce, Mexico, cap-and-rays 4 reales, 1863ML, large C. KM-375. 13.48 grams. AXF with lustrous fields, lightly toned all over, old scratches on eagle. Generally a rare mint whose products are all dated 1863 despite mintage through the year 1869, the frozen date due to Imperial occupation from 1863 to 1866.

Estimate: $400