Watch List notes:

Potosi, Bolivia, silver 2R-sized proclamation medal, 1825, liberation of Colombia and Peru, encapsulated NGC MS 61. 27mm. Obverse with Potosi mountain and legend GRATITUD DE LOS EMPLEADOS DE POTOSI and date at bottom; reverse with llama inside wreath and legend ALOS LIBERTADORES DE COLOMBIA Y PERU. Choice specimen with lovely toning and underlying luster, traces of minute wear on high points.

Estimate: $500 - 750