1749-Mo M 2 R Calico-288 VF35 认证号26892730, PCGS号670081

The 2 reales denomination is referred to as "two bits" as it is two pieces of a "Piece of Eight", the 8 reales coin. Each bit is worth approximately 121/2 cents, therefore "two bits" is worth about one quarter dollar. This specimen was minted in Mexico City and bears a "M" mintmark.