Watch List notes:

Montevideo, Uruguay, cast silver proclamation medal, Ferdinand VII (bust of Charles IV), 1808. Medina-325. 9.97 grams; 28 mm The first of three designs in the 1808 Montevideo proclamation series. Bust of Charles IV (representing Ferdinand VII) with 1808 on obverse, reverse with banner reading FERNANDO. VII above castle. AU with typical crude strike, scrape along rim on reverse at 3 o'clock and a scratch to left of banner, green toning throughout with minor verdigris around castle, some spots of original silver color. Very scarce piece with no recent auction appearances.
(700 - 900 USD)