Watch List notes:

Mexico City, Mexico, 4 reales, Charles-Joanna, "Late Series," assayer G to right, mintmark M to left. Nesmith-50e;S-M5; KM-18 ;CT-81. 13.68 grams. Nearly full legends and inner details despite areas of flatness (no corrosion, VF details), dark as uncleaned, very minor doubling on shield side. With Sedwick certificate from 2005. Recovered from: "Golden Fleece wreck," sunk ca. 1550 in the northern Caribbean

Estimate: $350 - 500