Watch List notes:

Mexico City, Mexico, 1/2 real, Charles-Joanna, "Early Series," assayer R (Gothic), very rare. Nesmith-2; CT-168; S-M1. 1.36 grams. Crude VG but with recognizable inner details (pillars and crowned K and J) and parts of legends, lightly toned around devices, possibly lightly shaved.

Estimate: $600-900