Watch List notes:

El Salvador, silver 1R-sized proclamation medal, Ferdinand VII, 1808, encapsulated ANACS AU 50. 21mm. Attractively lightly toned with underlying luster, a very elusive and popular circulating proclamation medal struck in San Salvador when it was part of Guatemala, seldom seen in this high quality. Pedigreed to the Dana Roberts collection via Roberto Ulloa of El Salvador.

Estimate: $400 - 600