Watch List notes:

Mexico City, Mexico, pillar 2 reales, Philip V, 1736/5MF, no ornament below MF, extremely rare. Yonaka-M2-36d1; Gilboy-unl (cf M-2-8f); KM-84; CT-1282. 6.52 grams. Bold, silvery VF+ with old marks, toning around details, very clear overdate, only one example known to Yonaka. Pedigreed to the Potomac collection of Mexican pillars.

Estimate: $350-500