Watch List notes:

SPAIN, Castile & León. Fernando V & Isabel I (Los Reyes Católicos - the Catholic royals). 1474-1504. AR Real (26mm, 3.15 g, 2h). Granada mint. Struck after 1497. Crowned coat-of-arms / Yoke; bundle of arrows to right; G below. Cf. ME 2654-74 (for type); cf. MEC 6, 793 (same). Lightly toned, minor roughness. VF.

From the Richard L. Horst Collection. Ex Cederlind BBS 157 (14 December 2010), lot 371.