Watch List notes:

Guatemala (under Mexico), 1R-sized silver proclamation medal, Ferdinand VII, 1808, rare legend variety, encapsulated NGC MS 62. Grove-F59; Herrera-15. Obverse with bust of king above date between stars inside legend FERNANDO•VII•REY•DE•ESP•E•IN•; reverse with crowned local arms (knight on horse above three mountains inside border with scallop shells) between •1 and R• (1 real) inside legend *INTER*SUSPIRIA*FIDES*. Lustrous and lightly blue-toned, very attractive and choice, rare first type without GUAT in legend.

Estimate: $250