Watch List notes:

Mexico City, Mexico, 4 reales, Charles-Joanna, "Late Series," assayer G to right, mintmark oM to left (oM-G), rare, NGC MS 61. Nesmith-54a; Cal-127; S-M5; KM-18. 13.63 grams. Very rare variety (oM-G) with only one other known to have sold at auction (see lot 267 in our Auction 29) and two others in the Banco de Mexico collection, all of which are of much lesser quality than this beauty, despite its two flan cracks. Full legends and details with a lovely patina make this example a coveted prize, especially considering it is tied for finest in the NGC census. Pedigreed to the Clyde Hubbard Collection of Mexican Charles-Joanna Coinage (stated on label). Accompanied by original tag or holder.

Estimate: $800 - $1200