Watch List notes:

Mexico City, Mexico, 2 reales, Charles-Joanna, "Late Series," M to left, L to right. Nesmith-85; S-M9; KM-12; CT-116. 2.47 grams. Darkly rusty (uncleaned) as is typical for this wreck, thin from corrosion and small part of edge missing but with clear inner details. Pedigreed to our Auction #11, with original lot-tag #226. Recovered from: Spanish 1554 Fleet off Padre Island, Texas

Estimate: $200