Watch List notes:

Mexico City, Mexico, cob 1 real, Charles-Joanna, "Early Series," assayer P to right, mintmark M to left (oMo-oPo), rare. Nesmith-24 for type; CT-153 type; S-M4. 3.15 grams. Fine with full inner details and much legend despite probable light shaving, lightly toned around details.

Estimate: $250-375