Watch List notes:

Mexico City, Mexico, 4 reales, Charles-Joanna, "Early Series," assayer P to right, mintmark M to left (oMo-oPo), dotted circles, ex-"Golden Fleece" (ca. 1550). Nesmith-26 for type; CT-74 type; S-M4. 13.57 grams. HISPANIARVM variety. Smaller flan with nearly full legends, UNC details with traces of luster, nice light toning all over, no corrosion. From the "Golden Fleece" wreck (ca. 1550).
($1000-1500)