Watch List notes:

Mexico City, Mexico, 4 reales, Charles-Joanna, "Late Series," assayer G to right, mintmark M to left. Nesmith-50; CT-81; S-M5. 11.39 grams. Small flan from corrosion around edge, the interiors still clear (VF details), atypically cleaned. Recovered from: Spanish 1554 Fleet off Padre Island, Texas
($200-300)