MEXICO. Early Series. 3 Reales, ND (ca. 1536)-R. Mexico City Mint, Assayer R (R/oMo-oMo). Carlos & Johanna. NGC VF Details--Test Punch Damage. KM-13.1; Cal-112; Nesmith-5b. Weight: 10.10 gms. This <strong>EXTREMELY</strong> <strong>RARE</strong> denomination seldom appears on the market and is coveted by many collectors. Boldly struck, this example exhibits moderate even wear with good metal quality on a nearly round planchet. Lovely rich gray patina accentuates the design features with an iridescent sheen that pops out when tilted in the light. A test punch on the right pillar from long ago accounts for the details designation. Despite its shortcomings this handsome survivor offers much originality and a pleasing appearance. From the Pat Johnson Collection.