Watch List notes:

Mexico City, Mexico, 4 reales, Charles-Joanna, "Early Series," assayer P to right, mintmark M to left, ex-Besalu. Nesmith-26a type; S-M4; KM-17; CT-75. 13.65 grams. Nice AU with luster peeking through dark toning all over, choice full details (legends and inner data), well struck and problem-free. Pedigreed to the Besalu collection (Heritage, May 2008), lot #52197, and to the Ponterio auction of November 2006, lot #257.

Estimate: $2000