Watch List notes:

Mexico City, Mexico, 2 reales, Charles-Joanna, "Late Series," assayer R to right, mintmark M to left (M-R). NGC AU 55. Nesmith-69 type; Cal-99; S-M7; KM-12. 6.80 grams. Lightly struck, with luster, and a great grade. The M-R minor denominations are not plentiful, and this is a nice example, with almost full legends and interiors, tied with two others for finest known in NGC census. NGC #6448147-004. Pedigreed to the Clyde Hubbard Collection of Mexican Charles-Joanna Coinage (stated on label). Accompanied by original tag or holder from Clyde Hubbard.
($500-750)