Watch List notes:

Mexico City, Mexico, cob 2 reales, 1632 D, very rare, ex-Christensen (Treasures of the Conception auction). S-M18a; KM-unl; Cal-unl. 5.86 grams. Dark and crude (some minor corrosion) but with 100% full 32 of date (possibly 2/1/0), also full oMD and shield, nearly full cross with "normal" fleurs (not exaggerated like we usually see for this period), darkly toned all over, so rare that it hammered for $265 in 1982. Pedigreed to the Christensen auction of May 1982, with original lot-envelope 91, and with tag from the salvors.Recovered from: Concepcion, sunk in 1641 off Hispaniola.

Estimate: $250 - $500