Watch List notes:

Nicaragua (Leon), provisional "imitation cob" 2 reales, 1823 P.M.P.Y., very rare, encapsulated NGC AU 53. KM-unl. (var. of 15.1 under Honduras). 6.7 grams. Probably the finest known of this Leon type with "pine tree" tops of pillars, a type rarely seen without a hole or significant damage, this specimen with full pillars and full but off-center cross, lustrous and lightly toned. See Carlos Jara's book Central American Provisional and Provincial Mints (2007) for more information about the attribution of this type to Leon. Pedigreed to Roberto Ulloa (El Salvador). ($2000-4000)