Watch List notes:

Mexico City, Mexico, 4 reales, Charles-Joanna, "Late Series," assayer G to right, mintmark M to left (M-G), NGC AU 55. Nesmith-50c; Cal-127; S-M5; KM-18. 13.23 grams. Tied with one other for second finest in the NGC census, darkly toned and struck on a broad flan such that there is excess metal outside the rims, clear legends and interiors, probably from the "Golden Fleece wreck" (ca. 1550). Pedigreed to the Clyde Hubbard Collection of Mexican Charles-Joanna Coinage (stated on label). Accompanied by original tag or holder.

Estimate: $700 - $1000