Watch List notes:

Mexico City, Mexico, 4 reales, Charles-Joanna, "Late Series," assayer G to right, mintmark M to left, king's name as CHAROLVS. Nesmith-50; S-M5; KM-18; CT-81. 12.96 grams. Full details in XF quality, no corrosion except at very edge, silvery color. Recovered from: "Golden Fleece wreck," sunk ca. 1550 in the northern Caribbean

Estimate: $200