Watch List notes:

Mexico City, Mexico, 4 reales, Charles-Joanna, "Early Series," assayer G, NGC XF 45. Nesmith-11 for type/11a; CT-69 type; S-M2. Unusual and rare type of ornament at the end of the legend on pillars side (double vertical lozenges) paired with a unique combination of ornaments on the shield side (lozenges between words and an eight-petaled flower at the end), small overstrikes on each side at the end of the legend, full legends and interiors. NGC #3703895-008.

Estimate: $2500-3750