Watch List notes:

Mexico City, Mexico, 2 reales, Charles-Joanna, "Late Series," assayer L to left, mintmark M to right. Nesmith-81; CT-114; S-M9. 5.28 grams. Sharp inner details and most of legend despite partial edge-loss from corrosion, atypically cleaned. Recovered from: Spanish 1554 Fleet off Padre Island, Texas
($125-200)