Watch List notes:

Mexico City, Mexico, 1 real, Charles-Joanna, "Late Series," assayer R to right, mintmark M to left (M-R), NGC AU 50. Nesmith-68 type; Cal-70; S-M7; KM-9. 3.42 grams. While Nesmith thought assayer-R coins were very rare and cataloged few of them, we know they are not, at least in the 4 reales denomination (thanks to several salvaged shipwrecks), but minors are still not plentiful, especially M-R as we see here, which is also the third highest grade in the NGC census. A nice example with full legends and interior details, some small metal-loss on the edge. Pedigreed to the Clyde Hubbard Collection of Mexican Charles-Joanna Coinage (stated on label). Accompanied by original tag or holder.

Estimate: $300 - $450