Watch List notes:

Leon, Nicaragua, provisional "imitation cob" 2 reales, 1823-PMPY, "owl face" ornaments atop pillars, NGC VF 20, ex-Richard Stuart (stated on label). KM-15.1 (under Honduras). 6.36 grams. Bold full pillars and cross with deeply contrasting toning, two full dates. This "owl face" type was formerly (tentatively) attributed to Tegucigalpa, Honduras, but very recent research by Carlos Jara has re-attributed this type to Leon, Nicaragua. NGC #4660732-005. Pedigreed to the Richard Stuart collection.
($500-750)