Watch List notes:

Honda, Colombia, silver 4R-sized proclamation medal, Ferdinand VII, 1808, rare, NGC AU 53, finest and only example in NGC census. Restrepo-10 (p. 129); Herrera-22; Medina-304. 35mm. Obverse with crowned double-headed eagle on bridge within legend PROCLAMACION DE LA UILLA DE HONDA with date 1808 at bottom (flanked by crosses-fleury); reverse with crowned arms above MAGNO IN ORTU / MAJORIN IMPERIO / MAXIMO.IN SE / IPSO. within legend [rosette] FERNANDO.VII.REY DE ESPANA.Y DE INDIAS. Light rainbow toning over muted luster, minimal marks and wear, far better than any other examples we can trace. Pedigreed to the Santander Collection (stated on label). NGC #4743181-007. The Santander Collection of Colombian Proclamation Medals

Estimate: $2000-4000