Watch List notes:

Bogota, Colombia, silver 4R-sized proclamation medal, Charles IV, 1789, NGC AU 58, finest and only example in NGC census. Restrepo-p. 121; Herrera-215; Medina-253. 33mm. 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 city arms (spread-eagle in crowned shield within wreath) above CAI CEDO., all within legend SANTA FIDES FIRMAT FIDEM with date 1789 between pairs of rosettes at bottom. Lightly toned over luster, tiny spots of extra metal behind head and minor graininess above center on reverse. Pedigreed to the Santander Collection (stated on label). NGC #4743181-005. The Santander Collection of Colombian Proclamation Medals

Estimate: $800-1200