Watch List notes:

Mexico City, Mexico, 4 reales, Charles-Joanna, "Early Series," assayer R (Latin) at bottom between pillars, PLVS in rounded panel. Nesmith-6 for type; S-M1; KM-16 11.62 grams. Broad, round flan with full but lightly corroded details (VF overall), excellent contrast from toning, very minor doubling. Recovered from: Unidentified ca.-1554 wreck off Santo Domingo, Dominican Republic

Estimate: $2000 - 3000