Watch List notes:

Mexico City, Mexico, 1 real, Charles-Joanna, "Late Series," assayer A to left, mintmark M to right (A-M), very rare, NGC AU 55, finest known in the NGC census. Nesmith-60; Cal-69; S-M9; KM-9. 3.29 grams. Second finest in the NGC census for good reason: While M-A is plentiful, A-M is not and was unknown to Nesmith although he gave it a number. This is the fifth example we have seen and it is well centered with full legends despite some corrosion on the edges, an important coin for the advanced collector. Pedigreed to the Clyde Hubbard Collection of Mexican Charles-Joanna Coinage (stated on label). Accompanied by original tag or holder.

Estimate: $700 - $1000