Watch List notes:

Mexico City, Mexico, cob 1/2 real Royal, 1724D, Louis I, very rare. S-M23; KM-R25; CT-54. 1.62 grams. This coin is very rare on two fronts: Both as Louis I and as unholed, unlike maybe 90+ percent of Royals. It is also very boldly struck, with just a little irregularity on the edge (as made), slightly off-center, but attractively toned.

Estimate: $2500