Watch List notes:

GUATEMALA, Guatemala City, gold bust 2 escudos, Charles IV transitional (bust of Charles III, ordinal IV), 1789 M, extremely rare, NGC VF 35, ex-Rudman. JP-2E33; KM-47; Cal-1250; Fr-16. Bold strike with only light even wear, slightly out-of-round flan with parts of rims crude (as made), second finest in NGC census behind a single AU 55 (sold in Sedwick Auction 25) and an AU53 at PCGS (sold in 2017), from a total confirmed population of just five. Pedigreed to the Isaac Rudman Numismatic Cabinet (stated on label), with his original numbered cardboard holder.

Estimate: $3000 - $4500