Watch List notes:

Mexico City, Mexico, 1 real, Charles-Joanna, "Early Series," assayer P to right, mintmark M to left (oMo-oPo), lions and castles transposed, very rare. Nesmith-24 for type/24e; CT-153 type; S-M4. 3.01 grams. HISPANIARVM variety. VF/XF with bold legends and full inner details, nice light toning, a few old scratches below pillars, interesting as among the first coins ever to show what later became a common transposition at the Bogota and Potosi mints.
($900-1350)