Watch List notes:

URUGUAY, Colonial. Carlos IV. King of Spain, 1788-1808. AR Cast Proclamation Medal (36mm, 14.46 g, 12h). Montevideo. Dated 1789. CAROLVS • IV • HISP • ET • IND • REX •, laureate and draped bust facing slightly right, wearing sash and Order of the Golden Fleece / • PROCLAMATUS • IN MONTEVIDEO • 1789, city coat-of-arms: castle tower on ridge, banner above and around inscribed Castilla es mi corona. Herrera 171; Medina 198. EF, toned, as made.

Ex Heritage 425 (New York City, 7 January 2007), lot 53062 (pvc residue since removed).