Watch List notes:

Mexico City, Mexico, 1 real, Charles-Joanna, "Late Series," assayer S to right, mintmark M to left (M-S), very rare, NGC XF 45. Nesmith-76; Cal-67; S-M9; KM-9. 3.33 grams. A Charles-Joanna collection is not complete without coinage from assayer S, and this is a very competent example with virtually full legends and interiors against low-contrast toning. This is the only variety known to exist (no S-M or oM-S or S-oM). Interestingly, assayer-S coins were not found on the "Golden Fleece wreck." Pedigreed to the Clyde Hubbard Collection of Mexican Charles-Joanna Coinage (stated on label). Accompanied by original tag or holder.

Estimate: $1000 - $2000