Watch List notes:

San Salvador, El Salvador, 2 reales, 1832RL, dotted-circle variety, encapsulated NGC AU 55, finest known in NGC census. KM-11.2. Broad flan with bold full legends but typically weak inner details, nice luster on dull-gray surfaces (0.75 fine), exceptional grade, in fact the better of just two specimens in the current NGC census by FOUR GRADES. NGC #4465006-007.
($700-1000)