Watch List notes:

Mexico City, Mexico, 2 reales, Charles-Joanna, "Late Series," assayer G to left, mintmark M to right (G-M). Nesmith-45d; Cal-94; S-M5. 6.68 grams. Nice full inner details (AU) and nearly full legends on a round, thin flan with minimal surface corrosion but low contrast. Recovered from: "Golden Fleece wreck," sunk ca. 1550 in the northern Caribbean
($200-$300)