Watch List notes:

Guanabacoa, Cuba, cast silver 4 reales-sized proclamation medal, Charles IV, 1789, very rare, PCGS genuine. Herrera-139; Medina-159. 11.64 grams. Like the prior lot, Cuban proclamation medals were cast in limited numbers in 1789. Although of a similar crudity when compared to the 1747 issues, the medals designed by Miguel Nunes of Guanabacoa display more details. On this example, the face, hair, and clothing of Charles IV are well defined. Likewise, the clouds, castle, and waves on the reverse, while handcrafted, are quite bold. Obverse: bust of Charles IV at center, 1789 below, legend around reading CHARLES IV DEI GRATIA; reverse: two castles with mountain in between, waves below and clouds above, legend MICHAEL NUNES GUANAVACOA. AU for grade with the typical hole at top (as noted on slab label), nice original surfaces with some luster and mostly silver color and a few spots of dark toning. PCGS #36211864.
(10000 - 20000 USD)