Watch List notes:

Mexico City, Mexico, 2 reales, Charles-Joanna, "Early Series," assayer P to right, mintmark M to left (oMo-oPo). Nesmith-25/25b; CT-123; S-M4. 6.60 grams. Nicely toned XF+ with very slight surface porosity (probably from the "Golden Fleece wreck" of ca. 1550), mostly bold full legends and inner details. Pedigreed to the James Bevill collection and to our Auction #12 (lot # 902)

Estimate: $600-900