Watch List notes:

SPAIN. Carol IV. 1788-1808 AD. 1807 M-AI. Gold 2 Escudos. Madrid. NGC-MS 63. Certificate # 4439674-007. Armored and draped bust right / Crowned arms in collar of Golden Fleece. KM 435.1; CCT 278; Fr. 296. Choice Mint State. Fully lustrous. From a California Collection.