Watch List notes:

Bogota, Colombia, silver 4R-sized proclamation medal, Charles IV, 1789, rare, NGC MS 61, finest and only example in NGC census. Restrepo-p. 121; Medina-254. 35mm; 18.68 grams. Obverse with armored bust of Charles III [sic] within legend CAROL.IV.D.G. HISP.ET IND.R. with Maltese cross at bottom; reverse with crowned eagle (head facing left) with wings spread above monogram (CIAEo?) within legend SANTA FIDES FIRMAT FIDEM with date 1789 between Maltese crosses at bottom. Deeply toned over muted luster, oversized flan, no other examples located in recent sales. Pedigreed to the Santander Collection (stated on label). NGC #4744792-001. The Santander Collection of Colombian Proclamation Medals

Estimate: $1000-1500