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 right-leaning rhomboid panel with double annulets on either side, very rare, NGC VF 35, ex-Martini. Nesmith-25 for type/25 for type; Cal-91; S-M4; KM-11. 6.65 grams. A variety not cataloged by Nesmith (purchased just after publication and mentioned in a letter from Nesmith to Hubbard dated November 1955), this specimen is one of few with quatrefoils as stops between words in the pillars-side legend. Struck on a broad flan, it is lightly toned with full legends and details and has an important pedigree as from the collection of Siro de Martini (a renowned Argentinian collector). A photograph of the shield side of the coin appears in an article Hubbard wrote for a Mexican publication called Artes de Mexico, No. 103, 1968, p. 14. NGC #6448168-035. Pedigreed to the Clyde Hubbard Collection of Mexican Charles-Joanna Coinage and to the Siro de Martini Collection (with his tag) (stated on label). Accompanied by original tag or holder from Clyde Hubbard.
($1250-2000)