Watch List notes:

MEXICO, Colonial. Carlos I, with Juana. King of Spain, 1516-1556. AR 2 Reales (27mm, 6.72 g, 5h). Late series. Ciudad de México (Mexico City) mint; Luis Rodgriguez(?), assayer. Struck 1542-1556. Crowned coat-of-arms / Crowned Pillars of Hercules set on waves. Nesmith 85; BW p. 12. VF, toned.

From the Norman Frank Collection.