Watch List notes:

Mexico City, Mexico, cob 1/2 real Royal, 1715J, rare. S-M22; KM-R24; CT-1806. 1.38 grams. Full details all over, per the type, and no worse than VF for wear but surfaces gilded and plagued with a solder-mark to left of cross and crudely plugged hole at top.

Estimate: $500