Watch List notes:

Oaxaca (Morelos / SUD / Tierra Caliente), Mexico, copper 2 reales, 1813, NGC AU 53 BN, finest known in NGC census. KM-245; CT-1045. While not yet listed on the NGC census, this piece is by far the best seen with only an XF 40 BN example and another somewhere in VF listed at time of writing. Choice with nearly full obverse details and bold yet off-center reverse design, reddish clay color throughout, tiny edge flaw (usual for the type). NGC #4725396-007. Pedigreed to the Ponterio sale #115 of August 2001, lot 317.
($100-150)