Watch List notes:

Mexico City, Mexico, 2 reales, Charles-Joanna, "Early Series," assayer P to right, mintmark M to left (oMo-oPo), motto as PLVS in left-leaning rhomboid panel with single annulets on either side, very rare, NGC VF 30, Nesmith Plate Coin (description but no drawing or photo). Nesmith-25e; Cal-91; S-M4; KM-11. 6.83 grams. With a few assayer P coins, Nesmith never included a drawing of the coin (nor a photo), and this coin was one of those such that until we had it in hand, we did not know exactly what it looked like. In fact, Nesmith may have added it to his catalog just before printing, since Hubbard originally labeled the envelope that contained it as "25f" with the "f" lightly crossed out and an "e" written to the side. Regardless, this little beauty was struck on a broad flan and is nicely toned with virtually full legends and interiors. Of this later period with HISPANIARVM in the pillars legend, only three are known. NGC #6448168-034. Pedigreed to the Clyde Hubbard Collection of Mexican Charles-Joanna Coinage (stated on label), plated as a drawing on page 93 of Robert Nesmith's The Coinage of the First Mint of the Americas at Mexico City, 1536-1572 (1955). Accompanied by original tag or holder from Clyde Hubbard.
($2500-3750)