Watch List notes:

Mexico City, Mexico, 4 reales, Charles-Joanna, "Early Series," assayer P to right, mintmark M to left (M-P), dotted circles, encapsulated NGC AU 50. Nesmith-26 for type; CT-74 type; S-M4. 13.2 grams. Deeply toned with underlying luster, 100% full details, very slight surface porosity on shield side. Early HISPANIE variety and with REX at end of pillars legend; unusual stops on pillars side with cross potents surrounded by four annulets. From the "Golden Fleece" wreck (ca. 1550). (Estimate: $1000 - 1500)