Watch List notes:

Tarma, Peru, silver proclamation medal, Charles IV, 1789, Galvez. Medina-269. 14.11 grams. Obverse with crowned arms inside Order of the Golden Fleece within legend •CAROLUS • IV • D • G • / HISP • ET IND • REX •; reverse with T-diagram with + / VIVA / EL REY • at top, GAL / UEZ• above flower at bottom left and TAR/ MA* above flower at bottom right, inside legend PUBLIC * FIDELIT * JURAM * D * 25 * DECEMBRIS * 1789 *. Lustrous (lightly cleaned) AU with small black spots near rims. Don Juan Maria Galvez was effectively the founder of Tarma in 1784.

Estimate: $350