Watch List notes:

Mexico City, Mexico, pillar 2 reales, Ferdinand VI, 1748/7M, pellets at beginning and end of shield-side legend, very rare. Yonaka-M2-48a; Gilboy-unl; KM-86.1; CT-unl. 6.69 grams. Silvery XF with minor scratches, some rainbow toning at rims, very clear overdate that Yonaka rates as very rare to extremely rare (R3). Pedigreed to the Potomac collection of Mexican pillars.

Estimate: $175-250