Watch List notes:

Potosi, Bolivia, silver 8R-sized award medal, Ferdinand VII, 1812, BALOR error in legend, rare. Fonrobert-9396. 26.56 grams. Obverse with bust of Ferdinand VII inside legend FERNANDO VII. REY DE ESP.Y DE LAS YNDS.AN.1812.; reverse with palm and laurel branches inside wreath inside legend VIRTUD Y BALOR PREMIADO EN POTOSI. Nicely toned AXF with old scratches on obverse, particularly rare without hole at top, an award for "virtue and valor" but with the latter word egregiously misspelled.

Estimate: $1250