Watch List notes:

Toledo, Spain, 1 real, Ferdinand-Isabel, struck prior to the Pragmática of 1497 (1475-97), rare, ex-Huntington. CT-unl. (Type 226); Cayon-2728. 3.33 grams. Totally different style from the series struck after 1497, with crowned arms of Castile-Leon (only, with eagle behind) on obverse and Aragon-Naples-Sicily (only) on reverse, full legends on both sides (Gothic letters), attractively old-toned XF, desirable pedigree. Specialists should note that the ornaments flanking the arms on reverse are different from any listed in CT (sort of a 3 next to a backwards 3). Pedigreed to the A.M. Huntington collection (Hispanic Society of America) and to the Jesus Vico auction of June 2012, with original lot-tag #521.

Estimate: $600