Watch List notes:

COMMEMORATIVE MEDALS, World Medals, Spain, Ferdinand VII (1784-1833; King 1808, 1813-1833), Silver Proclamation Medal, 1808, for Madrid, crowned oval shield of arms within Collar of Golden Fleece, rev radiant monogram ACCLAMATIO AVGVSTA.MATR.D.24 AVG.AN.1808, 25.5mm. Mint state.

Estimate: £70-90