Watch List notes:

Mexico City, Mexico, cob 1/2 real Royal, 1726D, rare. S-M23a; KM-R24; CT-unl. 1.65 grams. Nice strike, beautifully toned VF+ with tiny hole at very top-edge. Pedigreed to the Santa Rosa de Lima collection and to the John Pullin collection (our Auction #7, with original lot-tag #907).

Estimate: $500