Watch List notes:

Valladolid de Michoacan, Mexico, gilt bronze proclamation medal, Charles IV, 1791. Grove-C241b; Herrera-227. 45mm, 41.58 grams. Obverse with bust of king inside legend CARLOS IIII REY DE ESPANA Y DE LAS YNDIAS with fleurs as stops; reverse with crowned city arms (oval shield containing three busts) inside legends PROCLAMADO * EN * LA * CIUDAD * / * DE * VALLADOLID * DE * MICHOACAN on outside and POR * SU * ALFEREZ * R * D * JOSE BERNARDO * FORCERRADA, date * 1791 * in exergue. Engraved by G.A. Gil. AU with hairlines, minimal wear but tiny spots of bronze peeking through.

Estimate: $200-300