Watch List notes:

Popayan, Colombia, silver proclamation medal, Charles IV, 1790, NGC AU 55, finest and only example in NGC census. Restrepo-p. 121; Herrera-186; Medina-213. 32mm. Obverse with armored bust of Charles III [sic] within legend CAROL[rosette]IV[rosette]D[rosette]G[rosette] HISP[rosette]ET IND[rosette]R[rosette].; reverse with mountains and city above TENORIO. within legend [rosette] PROCLAMATUS [rosette] IN [rosette] CIVIT [rosette] POPAIANENSI [rosette] with date 1790 at bottom. Well-executed design with sharp details, nice luster. Pedigreed to the Santander Collection (stated on label). NGC #4743181-002. The Santander Collection of Colombian Proclamation Medals

Estimate: $1000-1500