Watch List notes:

Mexico City, Mexico, 4 reales, Charles-Joanna, "Late Series," assayer L to left, mintmark M to right, mounted pillars-side out in 14K gold bezel with 14K gold prongs and shackle bail. 20.44 grams total. Broad flan with 100% full and bold legends, interiors a bit weak (as made), no worse than AXF for actual wear, elegant mount.
($350-500)