Watch List notes:

Mexico City, Mexico, 1/2 real, Charles-Joanna, "Late Series," assayer G to left, mintmark M to right of monogram (G-M), motto P-LV-S, king's name as CHAROLVS, NGC AU 58, finest and only example in NGC census, ex-Rumbel, Nesmith Plate Coin. Nesmith-43; Cal-47; S-M5; KM-6.5. 1.70 grams. High-grade beauty with lovely chocolate toning all over, large planchet with most of the legend visible, early coinage under this assayer using CHAROLVS for king's name. This coin is another of Hubbard's purchases from the Christensen sale of the O.K. Rumbel collection, the photo of which was also memorialized on Plate V of Nesmith's book. NGC #6448110-001. Pedigreed to the Clyde Hubbard Collection of Mexican Charles-Joanna Coinage (stated on label) and as a photo on Plate V of Robert Nesmith's The Coinage of the First Mint of the Americas at Mexico City, 1536-1572 (1955) and to the Henry Christensen Auction of October 1959 of the O.K. Rumbel collection, lot 555. Accompanied by original tag or holder from Clyde Hubbard.
($500-750)