Watch List notes:

Mexico City, Mexico, 4 reales, Charles-Joanna, "Late Series," assayer A to right, mintmark M to left (M-A), encapsulated NGC XF 45, ex-"Golden Fleece" (ca. 1550). Nesmith-58; CT-79; S-M6. 12.85 grams. Very broad flan with full design, deep rainbow toning, AU details with traces of surface corrosion (net XF). NGC #4427728-023. From the "Golden Fleece" wreck (ca. 1550).
($400-600)